Home > Boards > Canadian > Cannabis > Canopy Growth Corp. (TSX:WEED)

Just gonna say something. The chart is literally

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Share Your Pack, Not Your Pre-Roll: Canopy Growth Unveils New PRJ Line-Up PR Newswire (Canada) - 7/27/2021 8:00:00 AM
Share Your Pack, Not Your Pre-Roll: Canopy Growth Unveils New PRJ Line-Up PR Newswire (US) - 7/27/2021 8:00:00 AM
Partagez votre paquet, pas vos joints préroulés : Canopy Growth dévoile une nouvelle gamme de joints préroulés PR Newswire (Canada) - 7/27/2021 8:00:00 AM
Canopy Growth to Report First Quarter Fiscal Year 2022 Financial Results on August 6, 2021 PR Newswire (US) - 7/23/2021 7:00:00 AM
Canopy Growth to Report First Quarter Fiscal Year 2022 Financial Results on August 6, 2021 PR Newswire (Canada) - 7/23/2021 7:00:00 AM
Canopy Growth Completes Acquisition of Supreme PR Newswire (Canada) - 6/23/2021 7:01:00 AM
Canopy Growth Completes Acquisition of Supreme PR Newswire (US) - 6/23/2021 7:01:00 AM
Little Green Pharma To Accelerate Growth Strategy With Acquisition of World-Class Production and Manufacturing Facility in De... PR Newswire (Canada) - 6/22/2021 6:00:00 AM
Little Green Pharma accélérera sa stratégie de croissance grâce à l'acquisition d'une installation de production et de f... PR Newswire (Canada) - 6/22/2021 6:00:00 AM
Little Green Pharma To Accelerate Growth Strategy With Acquisition of World-Class Production and Manufacturing Facility in De... PR Newswire (US) - 6/22/2021 6:00:00 AM
Little Green Pharma To Accelerate Growth Strategy With Acquisition of World-Class Production and Manufacturing Facility in De... PR Newswire (US) - 6/21/2021 10:00:00 PM
Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results PR Newswire (Canada) - 6/1/2021 7:00:00 AM
Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results PR Newswire (US) - 6/1/2021 7:00:00 AM
Canopy Growth Announces June 2021 Investor Conference Participation PR Newswire (Canada) - 5/28/2021 7:03:00 AM
Canopy Growth Announces June 2021 Investor Conference Participation PR Newswire (US) - 5/28/2021 7:03:00 AM
Canopy Growth Welcomes Martha Stewart as Official Strategic Advisor PR Newswire (Canada) - 5/20/2021 7:00:00 AM
Canopy Growth Welcomes Martha Stewart as Official Strategic Advisor PR Newswire (US) - 5/20/2021 7:00:00 AM
Canopy Growth to Report Fourth Quarter and Fiscal Year 2021 Financial Results on June 1, 2021 PR Newswire (US) - 5/18/2021 7:00:00 AM
Canopy Growth to Report Fourth Quarter and Fiscal Year 2021 Financial Results on June 1, 2021 PR Newswire (Canada) - 5/18/2021 7:00:00 AM
Canopy Growth Signs U.S. Distribution Agreement with Southern Glazer's Wine & Spirits for CBD Beverage Portfolio PR Newswire (US) - 4/21/2021 7:00:00 AM
Canopy Growth Introduces Vert - a Quebec-Exclusive Cannabis Brand PR Newswire (Canada) - 4/14/2021 7:00:00 AM
Canopy Growth présente Vert, une marque de cannabis exclusive au Québec PR Newswire (Canada) - 4/14/2021 7:00:00 AM
Canopy Growth to Acquire The Supreme Cannabis Company PR Newswire (US) - 4/8/2021 8:00:00 AM
Canopy Growth to Acquire The Supreme Cannabis Company PR Newswire (Canada) - 4/8/2021 8:00:00 AM
Canopy Growth conclut l'acquisition d'Ace Valley, une des principales marques de cannabis ontarienne PR Newswire (Canada) - 4/1/2021 9:05:00 PM
Another Casualty   Thursday, 07/30/20 11:59:48 AM
Re: None
Post # of 124506 
Just gonna say something. The chart is literally primed for a major move. We are dead center of a pennant formation that basically comes to a head mid August. Right around earnings. My theory is we run up before that. I'd like to see us 22-25US pre earnings. Primarily because I think the release is gonna be subpar so I'll be aiming to take profit going into earnings hype.
(Most likely).

but let's just say the perfect scenario is we don't (highly unlikely know how weed stocks trade). Instead we trade sideways here around 18.50 US and CGC releases earnings that are positive finally. It will be an explosive move upward. 25 to 30US would be very likely with continued upwardation. (Least likely)

Now imagine what subpar or negative earnings report could do. Well that would break to the downside out of the pennant and (10s or 11s US) would become a real likelyhood.

My 2 cents. Good luck everyone. We are holding right now. Average of 18.60s.

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