CGC Top Out Triangle

27 Ağu 2018

CGC has run up 22pts in the past 9 trading days, it and the rest of the pot stocks are due for a pullback. I am looking to find a good set up to start a short position. This triangle could be a starter. The Daily is showing growing volume surprisingly, so I dont want to get caught getting in too early. If there is clear price action around a short I will look to take it to the 200 if the previous lower trendline does not come into play.