Short

CGC Update - Hidden Bearish Divergence on 1H Chart

Although the bears were rejected at $45 and price has moved upwards again, the 1H chart seems to have formed a hidden bearish divergence. There's also potential for a crossover of the 200 and 50 EMA. I'm not convinced about the bull case just yet. A convincing break above $55 would change my mind.
CGCChart PatternsTrend Analysis

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