Long
CGC Daily Review
2/6/2020
CGC and the rest of Potstocks are breaking down on the ACB news. A big move has been building and the MMs are using this to bring price to their destination.
We have had a target of $20.14 as the stop or invalidation of the bull thesis. As of 9:20am, price is under that number.
This will either be a great BUY or price is going much, much lower. Since gapping below the stop you have a choice: Sell at open, wait for 10 minute close below stop, wait for hourly close below stop.
Whatever you do, don't freeze.
And No GUESSING.
CGC and the rest of Potstocks are breaking down on the ACB news. A big move has been building and the MMs are using this to bring price to their destination.
We have had a target of $20.14 as the stop or invalidation of the bull thesis. As of 9:20am, price is under that number.
This will either be a great BUY or price is going much, much lower. Since gapping below the stop you have a choice: Sell at open, wait for 10 minute close below stop, wait for hourly close below stop.
Whatever you do, don't freeze.
And No GUESSING.
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