Please correct me if I'm completely misunderstanding your comment (very new to TA). You think this could possibly retrace to $3.10 even though the recent bought deal was oversubscribed and in such high demand at $3.65? I would think the bought deal would provide strong support at $3.65. Glad CGC and the other LPs raised $ before traders had the chance to steal their profits from them. Not sure if CGC will make any significant correction until after fins (end of Aug.). Doubt it would last long with M&As on the horizon. But agree a small pullback and consolidation was much needed.
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