CGC Draw up
Divergences on the daily looking bearish. Support at 27.50ish has so far given us today's green candle. Could possibly see a gap fill of the 23.77 that wasn't filled since May of last year. Blue/Gold channel descending wedge could still be in play with a fake out yesterday. This could drag CGC down to the 23 range for gap fill over the next month or 2. Then could be the time to look long if that wedge holds.
Speculation at it's finest. Don't listen to me.
(Ignore upper horizontal lines, Half of this chart was drawn up in June/July, it just fell off my radar for a bit.)
Speculation at it's finest. Don't listen to me.
(Ignore upper horizontal lines, Half of this chart was drawn up in June/July, it just fell off my radar for a bit.)
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