Looking like bulls will try to buy it up end-of-day, forming an "evening star" on the daily. This indicates indecision, as Canopy's float was traded over $30.00 before Friday's sell-off; however, based on my hypothesis here, I think that this may mimic the move on 2018-01-05, where after a similar candle was formed, CGC made new highs.
One of two things will happen tomorrow:
1) big green candle upward tomorrow, reaching for $35
2) retrace back to $25.00 area before the ticker makes another move at resistance
More information needed!
Still learning the chart game, so thank you for reading and advising :))
One of two things will happen tomorrow:
1) big green candle upward tomorrow, reaching for $35
2) retrace back to $25.00 area before the ticker makes another move at resistance
More information needed!
Still learning the chart game, so thank you for reading and advising :))
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.
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.