dRends35

CGC - Seen This Movie Before ?

Long
dRends35 Updated   
BATS:CGC   Canopy Growth Corporation
CGC

Something appears to be brewing in weed stocks currently and Canopy is leading with another pump today - up 16%.

Does this looks similar to what we've seen before in crypto stocks GALA and VXV ?

Notice that off the bear market we get a ripping pump...

Then a collapse down makes a lower low and threatens another wave down.

But then a sudden recovery prints a SRP Shakeout Reversal Pattern below the low.

And that becomes the first pump of the bull market.

Looks like the same game could be afoot here 🤨.

Not advice
Comment:
Canopy up 70% today as German decriminalisation vote provides a catalyst!

Thats a good start 🚀

Interesting how the news arrives just as the technicals become ripe, huh🤨...

Comment:
Up another 32% up today 🚀.
Comment:
Another 34% pump today 🚀.

CGC is rocketing; exactly as I said it would 😼.


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