dburke44

CROn Technically Sound However still has a potential ceiling

TSXV:CRON   CRONOS GROUP INC
CRON looks good. Holding that nice trendline closed above the 200 day MA and the 9.60 ceiling. If CRON can open strong and continue to hold 9.60 on the open then it looks like 9.60 will now be the new floor. However with the other stocks looking like they are ready to pull back I expect them to drag CRON down with them. I will be watching CRON from the sidelines for the next few days to see how it does. I believe it could retest that gap at 10.17 if everything goes well but that would be the last possible place I would be willing to hold CRON . A good Open and we could see 10.17 a poor open and You are looking at 9.15.


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