CGC appears to be in a wedge shape.
The lower TL is recognized and supports the move.
The upper part is very weak, and holding the $1 level is important.
The upward movement is contained by the resistance of the upper
TL and the EMA. I would be optimistic above 1.35.
The lower TL is recognized and supports the move.
The upper part is very weak, and holding the $1 level is important.
The upward movement is contained by the resistance of the upper
TL and the EMA. I would be optimistic above 1.35.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.