CGC: Unfinished Business
With a SPX & NDX forming daily hammer/dragonfly doji at their golden pocket ratios, it's time to go dumpster diving into poopy pot stocks. I believe CGC has just finished a running flat correction with hidden bullish divergence on the 1 HR. Looking for a final Wave 5 up to $5 (Fibs) to complete the impulse move. Breaking under $3.17 invalidates wave count.
That was a very strong bullish monthly close on CGC. Bullish continuation off the monthly hammer as well as passing by the 1 trend based time fib. Could see some fireworks in cannabis stocks as SPX drifts around. Weekly Bullish Divergence on RSI on CGC playing out as well.
That was a very strong bullish monthly close on CGC. Bullish continuation off the monthly hammer as well as passing by the 1 trend based time fib. Could see some fireworks in cannabis stocks as SPX drifts around. Weekly Bullish Divergence on RSI on CGC playing out as well.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.