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The Canopy Growth Corporation (WEED) stock has been trading at the top of its price channel for many weeks now, will it continue to keep up the strength, or will we see some short term dips in price?
This is my forecast for the next few months.
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It looks to me like an expanding descending wedge pattern which could result in a bullish breakout for Canopy Stock. Wait for confirmation.
Will WEED clear the triangle with that upward move and confirm the bullish flag?? If it holds, then the higher range is possible.