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Canopy Growth Corporation
Long

$CGC Canopy Growth Corp Gap fill Trade Monday

1 203
CGC is the among the outperformers and fundamentally strong Canadian companies within the sector.
That is reflected in the stocks performance since the Oct lows.
Its USA exposure through STZ makes it a very good way to gain exposure from USA legalization.
Potential trade for Monday is the Gap fill to $31.29 and if the Market is ultra bullish $34.15 is the next major target .
Care needed as the stock is overbought.
Bullishcharts
Also on:
FibonacciSupply and DemandTrend Lines

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.
FibonacciSupply and DemandTrend Lines
Bullishcharts
Also on:

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.