CGC Daily Review
(Forgot to publish yesterday after close, life happens..)
1/16/2020
After 3 days of forming higher highs and higher lows, CGC began hourly consolidation.
Bulls put up a fight at $24 all day, but be ready for bears to try and push below that level.
Hourly Closes below $24, and certainly the $23.67 fib level, would point to daily consolidation.
If today's low holds, probability favors continuation for the bulls.
Tomorrow is Monthly Options expiration, be ready for anything.
As always, NO GUESSING!
1/16/2020
After 3 days of forming higher highs and higher lows, CGC began hourly consolidation.
Bulls put up a fight at $24 all day, but be ready for bears to try and push below that level.
Hourly Closes below $24, and certainly the $23.67 fib level, would point to daily consolidation.
If today's low holds, probability favors continuation for the bulls.
Tomorrow is Monthly Options expiration, be ready for anything.
As always, NO GUESSING!
Pubblicazioni correlate
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.