swara7kadir

CGC Great Potential for a Day Trade !!!

NYSE:CGC   None
$CGC had earnings today on the negative side. If you look at the Daily Chart on the left you will see that its below all its major moving averages (20ema,50sma/100sma/200sma) but its making a higher relative low so a slight concern there as this is slightly bullish (showing strength). Now if you look at the 15 min chart on the right (I use the 5 min and 1 min chart for day trading but i have to select 15 min chart to be able to show it to you) its currently holding the yellow support line which is a major support area. If it breaks that support when the market opens and makes a lower low/lower high which is a pullback then i would look to get short on it. I wouldn't be interested in going Long as its more weak than strong.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.