BTCanadian

Still in the triangle, rejected at the 50MA.

TSX:WEED   CANOPY GROWTH CORPORATION
As we successfully came back into the triangle, but got rejected below the downward trend line , respecting the 50 day moving average as resistance. It has now re-traced back to the 61.8% Fibonacci line, where it sits with indecision as I write this. There is some light support that is now holding us, but it won't take much volume in the wrong direction to see a re-test of the 200 day moving average, where it we can see some more serious support.

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