Canopy Growth Corp (WEED)

[stoner422]

I'm thinking I made my decision on what to do and that is to sell on Monday if it breaks the 50 day MA with the intent to buy back in when I start getting to stressed, maybe at $40US. Looking at the chart it seems pretty obvious that if it breaks the 50 it's going lower but only if it breaks the 50. If it opens up a touch and trades flat above the 50 then I'm not selling, that would point toward another day of consolidation. That 50 day MA is sitting at a point that it could really go either way but the sell the news pressure is certainly real right now. If I muck it up and the share price soars then I'm out but I'm out with well over a million in cash so am I really losing if I miss a run. Even if I just sell and wait out a $2 dollar drop to buy back in that's $60K of money I would have missed just sitting and doing nothing but watch it drop. I'm thinking at this point why no be proactive. It all make such simple sense but I have to admit it's scary as hell.