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CGC - Short Target $40
CGC had a good spring I am shorting it until $40 as bearish divergence printed on RSI and SPY is potentially going to move slightly lower.
IT may weigh upon canopy. I am in the trade as of $45.39. I may have jumped the gun as I could have waiting for a false breakout at $47. However the movement today was a little bit weak. $47.10 will be my stop.
This is a journal entry and not trading advice.
IT may weigh upon canopy. I am in the trade as of $45.39. I may have jumped the gun as I could have waiting for a false breakout at $47. However the movement today was a little bit weak. $47.10 will be my stop.
This is a journal entry and not trading advice.
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