On this chart I'd like to show you guys a breakout of a downtrend pattern with weekly rsi divergence on this weekly chart.this can be a powerful sign that the downtrend is coming to an end.of course we can still go down the the fibonacci 78.6% retracement. We are currently sitting at the monthly 55 EMA. Which is another powerful support.
Also I'd like to mention CGC has earning coming up this week.
im buying calls out of the money expiring 1 month out with my stop just below the previous low at $19
Also I'd like to mention CGC has earning coming up this week.
im buying calls out of the money expiring 1 month out with my stop just below the previous low at $19