Long
CGC Strong
Head and shoulders on the yearly. CGC had a strong start at the beginning of 2019 and now looks to be in consolidation. CGC recently made multiple deals allowing leverage for future growth. RSI indicator collected two counts of oversold territory so the volume of shareholders is there as the indicators show on the chart. Looks to be in an overextended downtrend since Feb. CGC Possibly up for a reversal. Hope it breaks average because the sky seems to be the limit for CGC. Going Long!
Note
Correction- RSI indexator collected two overbought sections not oversold.
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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.