Short

$CGC bout to be "coming down" I believe...

Updated
CGC Has run into multiple resistance trendlines coming into their ER release. I look for this to break it out of the current mini bear flag it's currently riding in, and send down toward support in the 27's area. At that point this stock is a long term add in my opinion. The industry will continue to grow, and this company will continue to find ways to grow with it. Short term I think it's "coming down", but after it does buy the hell out of the dip and get high along with Canopy Growth. Happy hunting and GLTA!!
Trade active
Sold options for massive gains just now, then initiated long term stock position at 27.65. Like the long term prospects at this price. Hope you saw some green with me! GLTA!
Chart PatternsTechnical IndicatorslongtermbuynotyetTrend Analysistrendlinesmatter

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