Long
$CGC Falling Wedge + Gap Fill
Falling wedge formed over the last couple of months / rising weekly TL / flattening 50-day EMA / gap fill potential starting at $41 up to $43.50 / gapped down on CEO exit and found support off bottom wedge line.
Trade closed: stop reached
Stopped out - negative sentiment is really running through this sector at the moment. Enough to break the chart pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.