CGC Continuation Idea BUY SIGNAL I have previously called a buy on this stock at $24.30. It is up 53% from our first call on Nov. 6,2020. I am still looking for more buying power to come with this stock in the future. We will be holding our positions long term for this one.Longby JonathanSantos5
CGC - Trade Reversal and Bull Flag (Etoro Portfolio)Price cross above MA200 (black line) and formed a uptrend till 29.50 price. Typical bull flag (or the power flag), build up approx. 18 trading days. The 18th day's volume (6.744m) slightly increased and higher than previous days. The price rejection : one white soldier breakout the trendline draw from top, MACD and RSI also appeared buy signal. I have a position @CGC with 2R taking profit. IBD's RS (Relative Strength) = 88, Industry Group Rank = 21 / 197 ======================================================================================================= I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey. My Etoro Profile: www.etoro.com Etoro Registeration Link: etoro.twby ginlin84Updated 0
Can CGC get here?Looks like the beginning of consolidation. We may be stalling for a bit. Can it break through?Longby jmccomb3114
CGC TAAsset broke year long down trend. Now bull flagging above two obvious resistances (horizontal and diagonal). RSI above 5 and trending higher on the daily. Probability of more buy pressure in the mid term.Longby altinAdam116
CGCSame story here. Weed in general looks good. I don't think $100 by the end of the year is too much of a stretch personally.Longby Essendy2
CGC - bullish 5th wave?Posted a chart on this stock back in May this year suggesting that a turn might be coming. Is this it? Plenty of divergence on the RSI and a decent move up. Could be a 5th wave.....Other possibilities have to be considered though so I have included a much more bearish blue count.Longby tomj24173
$CGC 1/11/2021SARS SQZ MOM LAZY BEAR Uptrend Widening BB Bands RSI Room to runLongby IAmNotUncertain2
LONG CGC- Watch EWO go above yellow (4 wave) - Watch SPEED FIB RESISTANCE - Stop 23 - Target 30 - Possible Entry 25.5+Longby edgartrader1396Updated 1
$CGC - engulfing green candleGot in before the last gap up, may add more now. This looks strong. Weed stocks may be the obvious call for 2021, but damn it may be a great call. This green candle taking out the past two days. #BULLISHby CCInvesting3
CGC BULL FLAG. $34 IncomingI'm hopping in call debit spreads a month out, $35 / $40Longby JerseyStig0
$CGC Canopy Growth Chart Analysis CGC - The professional gap up held last week, which is a bullish sign, volume was low on down days, If the gap gets tested again on a red open, I will be looking to catch reversal. trendline break would be very significant and open up the chart to a move towards $40. Longby Bullishcharts2221
CGC - January 10, 2021CGC - Canopy Growth Corp is the largest and leading cannabis producer in the space. Although they are not profitable nor expected to return a profit until 2024, the outlook for Cannabis companies are strong over the next 4 years as a Democratic house strongly supports the federal legalization of Cannabis. This catalyst will be huge for the marijuana industry and CGC is a leader who stands to benefit. It should be noted that significant risks with this investment include the dependency on legalization, elimination of black markets, as well as significant capital requirements for facility operations and maintenance. Looking for CGC to retest the 32.32 resistance and continue higher following this uptrend to 37.Longby AptitudeFinancialAdvisory0
$CGC - perfect bounce off new supportA little dip today. Unfortunately couldn't add, but I would have. Longby CCInvesting110
Future of WEEDLooking to see the downtrend get broken to confirm an accumulation phase. If accumulation; expecting things to move quickly. by koplesUpdated 2
CGC potential break of 618CGC making another run at the longer term 618 at 30. If price can get and hold above 27.50 then a run to 29.50 is possible. A break of 30 opens up space to 40. Careful as run ups can be sold into sharply, but if it gets going massive upside in this market where understandable themes get bought up heavily.Longby WadeYendallUpdated 4
$CGC Canopy Growth Bullish Targets Sorry I can not go into to much depth for these posts but I have major time constraints . I have included the targets/resistances I will be trading between today Longby Bullishcharts1116
Cup and Handle? CGC WEEDI'm not as experienced as some of you guys but does this look like a bullish cup and handle signal?Longby rageen773
$CGC<>WeedStocks<>ElliotWaveGrandSuperCycle<>WaveOne>LONGAs title suggests this is the longterm elliotwave on CGC to take us to $1300 per share by ~2028. We are currently commencing the wave 3 of the 3 of 3 of 3 of the long term Grand Super Cycle wave 1. We can expect the most impulsive move in the history of CGC, weedstocks, and therefore the World over the next few weeks. Longby thatsblatzphemy559