Correction looks like its finished, WEED

Long

CANOPY GROWTH CORPORATION (TSX:WEED)

Aggiornato

TSX:WEED CANOPY GROWTH CORPORATION

Break up candle has been tested, nice dragonfly doji looking candle with a close in the trend. Hoping to see a pop up and sideways consolidation into a rally. RSI and volume seems to support a reversal.

Commento:

My guess is we are going to go through some lengthier re-accumulation since the minor support broke. Analyst price targets are between $33-$50 so a reasonable chance we test the $40-$50 range again before next earnings.

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