WATCH OUT FOR A BREAK ON MONDAY 12/23
TICKER: 
CGC
Will history repeat itself?
Just like last time, CGC is again a daily inside bar with resistance of $20.28 and support of $19.65. I do expect high volume on Monday, but the break is uncertain until it happens. Don't be bias and watch the charts because price action is KING.
I will be watching CGC closely next week and again, will either go long or short depending on how we break. Give me 15mil volume in whatever direction and I will be happy.
But looking longer term, this is a daily inside bar within a weekly inside bar. Depending on how we break on Monday, it would impact how we break on the weekly time frame.
No matter how we break on Monday, my next target will be the weekly resistance and support of $21.14 and $19.45.
Good luck next Monday, don't let your emotions get the best out of you, and remember PRICE ACTION IS KING.
CGCWill history repeat itself?
Just like last time, CGC is again a daily inside bar with resistance of $20.28 and support of $19.65. I do expect high volume on Monday, but the break is uncertain until it happens. Don't be bias and watch the charts because price action is KING.
I will be watching CGC closely next week and again, will either go long or short depending on how we break. Give me 15mil volume in whatever direction and I will be happy.
But looking longer term, this is a daily inside bar within a weekly inside bar. Depending on how we break on Monday, it would impact how we break on the weekly time frame.
No matter how we break on Monday, my next target will be the weekly resistance and support of $21.14 and $19.45.
Good luck next Monday, don't let your emotions get the best out of you, and remember PRICE ACTION IS KING.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。