tipere445

The weed has been smoked

Short
TSX:WEED   CANOPY GROWTH CORPORATION
Good day folks,

WEED was on fire until marijuana was legalized in Canada. It has since lost almost half of its value. More I look at the chart, more it reminds me of the S&P, but with just more volatility.
I think the selling is not over and that WEED will eventually test the support at 32. Then go back up to make a right shoulder around 40 and fall further to the psychological support at 20.

Thank you,

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