The_Agent_K

The_Agent_K

When this thing breaks, I would expect a massive move either way. What's it going to be heading towards summer ? Is Canopy primed for another leg up after this gigantic bull flag ? Or is it going back down ......what do you think ?

The_Agent_K Updated 

If inability to close over the blue trend line, this could be a bearish signal.

The_Agent_K

CGX has fallen off a cliff since ATH,. It's attempting to form a Higher Low on the weekly, needs to be set above 22,88 $ and see a Higher High first over 26,32, and then 28,91$

The_Agent_K Updated 

Looks like this stock could see some follow through this week. First time in a while that it closed over this weekly trend line. I'll keep an eye out for follow through.

The_Agent_K

It seems that from the time it reached ATH, it's been in a giant falling wedge. Even clearer on the monthly: Is this stock going to continue falling ? Or is this a good buy opportunity ? From what I know of this company, it's had it's fair share (pun intended) of drama. Insider selling, lawsuits threats, twitter arguments between the CEO Ben Ward and Equity...

The_Agent_K

The volume was quite impressive last week, smashing through the 8$ resistance and closing very strong above the pink trend line. What's interesting about this trend line is that you can extend it back 2 years when the price was under 1$ and it's been tested again and again, acting both as support and resistance. Next weeks we might see some follow through with...

The_Agent_K

IMO , Tesla's has a nice support area from the 270$ to the 250$ price level. Those trend lines were tested multiple time on the monthly timeframe + psychological level of 250$. Earnings are coming up in less than 2 months, the downtrend we are currently seeing might be the market pricing in that it won't be profitable. If the purple trend doesn't hold at the end...