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x45lu

WEED. Ready to fill $25 gap.

CANOPY GROWTH CORPORATION (TSX:WEED)  
x45lu Updated   
TSX:WEED   CANOPY GROWTH CORPORATION
Trend Analysis weed
5
2
trendanalysis weed
Hello Traders,

Weed is forming classic bull-flag setup ready to fill in $25 gap.
Hourly 100MA is around $24.80, which may act as resistance.
Weed is fundamentally very strong company with quick ratio over 5 and this stock will be a good long term hold.
Comment:
Weed is still respecting hourly 100MA. Bull flag play is still possible.
Ideally we want to go around $25.5 and find support on MA100.
$23 is still acting as a support for now.

snapshot
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