Canopy growth had a great spring and it seems to be fading toward a new move as bearish divergence prints on the daily RSI while the weekly also looks to be turning bearish.
I want to short 100 shares heading toward 40 which was last support and adding more if it breaks past it.
Previous resistance will be my stop which was $47.
This is a journal entry and not trading advice.
I want to short 100 shares heading toward 40 which was last support and adding more if it breaks past it.
Previous resistance will be my stop which was $47.
This is a journal entry and not trading advice.