CRONOS GROUP INCLong
CRON 2019.11.05 (Audience: Investor)
Audience: Investor
Risk Amount: Position size should be max. 3% to 5% of portfolio total
Entry Price(s): Multiple entries with a scaling strategy to average down or average up the net cost over 6 to 8 weeks.
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: CRON
Description: Cronos Group
Type of Analysis: Technical
Source of Analysis: Price Action on Weekly Candlestick
Trend Analysis: Down-trending with signs of consolidation based on price and volume
Trend Velocity: Negative Deceleration with a strong sign of consolidation
Current Price: $10.87
5 Day Forecast: $12.05 Target but will likely face resistance and retest $10.15
Price Range : Multiple Buy Zones listed on the chart
Conclusion: Strong historical areas of support which implies historical valuations at these support levels.
Risk Amount: Position size should be max. 3% to 5% of portfolio total
Entry Price(s): Multiple entries with a scaling strategy to average down or average up the net cost over 6 to 8 weeks.
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: CRON
Description: Cronos Group
Type of Analysis: Technical
Source of Analysis: Price Action on Weekly Candlestick
Trend Analysis: Down-trending with signs of consolidation based on price and volume
Trend Velocity: Negative Deceleration with a strong sign of consolidation
Current Price: $10.87
5 Day Forecast: $12.05 Target but will likely face resistance and retest $10.15
Price Range : Multiple Buy Zones listed on the chart
Conclusion: Strong historical areas of support which implies historical valuations at these support levels.
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