Long
CGC Daily Review
1/10/2020
The Bear Flag from 1/2 has given rise to the rising wedge pattern that is now visible on the Daily.
Price reversed again off a slight breach of the Flat neckline putting in a high of 21.25.
Be on a look out for false breaks in either direction
Supply is still at 21.56
Support at 19.90 Fib
Holding RSI 50
Fewer Sellers at 2150
The Bear Flag from 1/2 has given rise to the rising wedge pattern that is now visible on the Daily.
Price reversed again off a slight breach of the Flat neckline putting in a high of 21.25.
Be on a look out for false breaks in either direction
Supply is still at 21.56
Support at 19.90 Fib
Holding RSI 50
Fewer Sellers at 2150
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