After hitting its high, CRON has been in a downtrend for about a week and a half. The stock seems to be over valued and is trying to correct itself. Trend showing lower highs with similar lows showing a clear support. If trend breaks under the current support, that can be a good entry point for shorts. I think it is very possible to see the price break the current support due to the downward crossing of the 15 day EMA and the 180 day SMA.
Chart PatternsTrend Analysis

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