Canopy Growth Corp tanks beautifully within its recently developed down channel.
Based on this rather arbitrary channel, the short term move might be stopped in the $24-$23 range.
Mid term this whole setup continues to look beautifully bearish.
We again saw lower highs and now for sure lower lows.
Next Midterm-Support could be around $21.
Based on this rather arbitrary channel, the short term move might be stopped in the $24-$23 range.
Mid term this whole setup continues to look beautifully bearish.
We again saw lower highs and now for sure lower lows.
Next Midterm-Support could be around $21.
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Related publications
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.