Long
Canopy Growth // amazing Risk-Reward
- There is a critical support range from $20-25
- Risk-Reward-Ratio above > 5:1 .
Analyst note:
Shares now trade nearly 50% below our fair value estimate, as the lack of profitability continues to weigh
on the market price. However, we think focusing on profitability this early in the company’s and industry’s
evolution is misguided.
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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.