Audience: Investor
Risk Amount: Position size should be max. 3% to 5% of portfolio total
Entry Price(s): Multiple entries with a scaling strategy to average down or average up the net cost over 6 to 8 weeks.
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: CRON
Description: Cronos Group
Type of Analysis: Technical
Source of Analysis: Price Action on Weekly Candlestick
Trend Analysis: Down-trending with signs of consolidation based on price and volume
Trend Velocity: Negative Deceleration with a strong sign of consolidation
Current Price: $10.87
5 Day Forecast: $12.05 Target but will likely face resistance and retest $10.15
Price Range : Multiple Buy Zones listed on the chart
Conclusion: Strong historical areas of support which implies historical valuations at these support levels.
Risk Amount: Position size should be max. 3% to 5% of portfolio total
Entry Price(s): Multiple entries with a scaling strategy to average down or average up the net cost over 6 to 8 weeks.
Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: CRON
Description: Cronos Group
Type of Analysis: Technical
Source of Analysis: Price Action on Weekly Candlestick
Trend Analysis: Down-trending with signs of consolidation based on price and volume
Trend Velocity: Negative Deceleration with a strong sign of consolidation
Current Price: $10.87
5 Day Forecast: $12.05 Target but will likely face resistance and retest $10.15
Price Range : Multiple Buy Zones listed on the chart
Conclusion: Strong historical areas of support which implies historical valuations at these support levels.
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.
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.