This bullish ascending triangle is butting up against the prior all time high from 2018. If broken convincingly the target of the trade set up could easily be far exceeded. Consider keeping a hold position. Keep in mind Constellation Brands owns 36.8% of Canopy Growth's (CGC) shares. Expect mild correlation to performance in the cannabis sector.
It would be appropriate to consider this a strategic entry at value areas for a long term hold position rather than a trade set-up.
A hindsight educational comparison of SPCE to the widely used and referenced "Textbook Bubble" transportgeography.org
Up-sloping channel. 2 touches on top 4 on bottom. About 8 heartline touches. Confirmation low at the PCZ of the bullish harmonic (which also created a smaller bullish harmonic of its own). 20 Week moving average tested for the first time in many many months. In 2017 bull run the 20 week MA was basically the exact bottom of every major correction. When Bitcoin...