A Brief Summary of the Overall Outlook of CGC Stock
CGC will reverse its downward trend when the price gets to about $27 per share; this is when it will reverse back toward its mean of around $28 per share. The stock will remain here for a while until there is a positive news catalyst that will catapult the stock back up toward the $40 area where it will stay for a day before it begins its downward trend back toward its weekly moving average of $28 per share.
At the present time, investors who bought into the Canadian legalization rumor/hype are now taking profits and will eventually buy back the stock when it gets to the $27 price level. These inferences were devised by employing the Mstardom Finance proprietary trading strategy.
At the present time, investors who bought into the Canadian legalization rumor/hype are now taking profits and will eventually buy back the stock when it gets to the $27 price level. These inferences were devised by employing the Mstardom Finance proprietary trading strategy.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.