Looks like more down CGC
CGC @ 16.17
Day Chart - has been sideways with price action remaining between 15.50-18.50 since June
4 hour - current trend is down below 9 day EMA with a bounce off previous support
15 min - has broken down trend currently at 9 day EMA
Notes Needs to break EMA and down trend on 4 hour before long, support seems weak probably going to break and will continue down. Will look short below $15.50
Day Chart - has been sideways with price action remaining between 15.50-18.50 since June
4 hour - current trend is down below 9 day EMA with a bounce off previous support
15 min - has broken down trend currently at 9 day EMA
Notes Needs to break EMA and down trend on 4 hour before long, support seems weak probably going to break and will continue down. Will look short below $15.50
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