[CGC] Breaking through Resistance... Be Patient and Buy Cheaper?

CGC made some nice moves and unfortunately didn't stick to the downward trend I was hoping for.

Added in some new resistance lines here.

The timing here is crazy, trying to thread a damn needle through this craziness haha.

As much as I wanted to get in before it broke the $17.50 resistance, I held off because I expect the overall market to collapse down next week just in time for earnings.

It's gonna be close and I might end up having to load up at like $21 (not ideal but it's still gonna be a smart play but if we luck out here, it'll crash back to around $15-$17 at least next week and create a perfect buying opp right before earnings.

This is likely gonna pop above $28 resistance (assuming there is something decent coming out of earnings like with ACB).

Targeting a 50-100% ROI on 40-60% of my CGC holding this swing.

ความคิดเห็น:

Clarified my question mark a bit: