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Post# of 19856
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ITMS

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Thursday, 11/14/2019 2:16:58 PM

Thursday, November 14, 2019 2:16:58 PM

Post# of 19856
Canopy Growth $CGC Nears Major Buy Level...

Shares of Canopy Growth (CGC) fell sharply today after the company announced weak earnings and guidance. The marijuana company fell over 15% on the day and is currently trading near $15.50, down from $53/share earlier this year. This massive collapse actually gives investors an opportunity to accumulate Canopy Growth. There is a HUGE technical level at $15.00. In is the high pivot from 2016 and likely where the stock is headed before it bounces sharply. This is a classic swing trade technical level. Look for a move back to $20 in the near-term.



See the chart here:
https://inthemoneystocks.com/canopy-growth-cgc-nears-major-buy-level/
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