Canopy Growth Corporation
לונג
מעודכן

CGC On The Move

1 766
NFA, DYOR 7/8/23
Showed up on my TV Filter this morning; appears to be at the 1.272 or 2.618 Fib Extension (depending upon your perspective) with indicators showing a probable reversal.
Timeframe: MONTHLY Candles
Patterns: Cyphers (Completed & Expected) as marked
Channels: See shading
Expected Path: See green line from 2024-2028
Enjoy every sandwich along the way!
הערה
A quad play since the initial post back in July ... sandwich tasting pretty good but a double decker cheese burger is being prepped ... patience produces the best smoked burger on the planet. Enjoy.
הערה
As expected, CGC retraced $.51 after a huge recent run up from the $.30-.40 range to almost $2 ... am looking for a good 61.8% retrace over the next 1-2 weeks; WAITING for the next pattern to develop from the Daily price action.
הערה
A nice support trendline and price pivot point around $0.84 ... expecting more upside ... enjoy every sandwich.
הערה
WOW! Topped out at about $19.40 right at the fib circle; and then retracing back down to support. That trade was in the $$$ if you were in for the ride.
הערה
Will price retrace to $0.82 to fill the huge gap from the recent bull run?
Might be a great buy opportunity in the near future.

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