MrMoMoney

Canopy Growth Rise Coming Next - Elliot Wave 2. finished

Long
BATS:CGC   Canopy Growth Corporation
Hello guys,

according to my Elliot wave count,
we could already now have seen the end of the bigger wave 2 which is essential to correct our 5 wave impulse in wave 1.

The structure that we have seen in this correction looks like a ABC correction to me with an overshooting B Wave. This means that the C wave is right now finishing and we should sooner than later start the next 5 wave impulse in wave 3 to the upside.

So next to come is bullish.

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