Long
CGC
I see a breakthrough coming for CGC, the stock is currently forming Pennant pattern succeeding by a Bull-flag pattern. This is a good indication the stock could continue to trend higher from here. What I’m currently seen in the chart is a form of consolidation before the next trend. In my opinion, It’s a good time to take a long position at the current price and ride the stock for the support-line, which is at $21.70
Note
This is what I was talking about almost week ago. I love this trend!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.