Short
Head & Shoulder formation - CGC !!
Very obvious H&S pattern formation in the CGC chart. If the neck line breaks CGC may head a fair bit lower.
Interestingly, CGC, also peaked & started heading down after this ASX announcement:
cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02328705-3A559187?access_token=83ff96335c2d45a094df02a206a39ff4
make of it what you will.
Interestingly, CGC, also peaked & started heading down after this ASX announcement:
cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02328705-3A559187?access_token=83ff96335c2d45a094df02a206a39ff4
make of it what you will.
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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.
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.