CANOPY GROWTH CORPORATION
Long
Updated

Is the weed sector the next hype like cryptos?

173
Correction not over yet but probably at ~20CAD and last up wave is waiting. Watch for divergence on daily basis of given indicators. Target 90CAD
Note
still this could be an overshooting b-wave
Note
negative diverging MACD and RSI support this view
Note
not the expected path but overall correct direction

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.