Replies to post #74843 on Canopy Growth Corp (WEED)

[nowwhat2]

Sounds like you prefer a Fundamental approach - which is something I'm not very good at because, for that, one's gotta be a Lawyer, an Accountant, a Politician, a Scientist and a Businessman.


For me as just a retired Iron worker....I've never been known for my brains so I chart - I simply rely on T.A. where,



Canopy's overhead trend-line breakout has only spent 4 MONTHS in
its' formation....








In my opinion it's far less risky trading chart formations which've spent many YEARS in their making.


Take for example this chart here - It's all-time high was 12 years ago

I can TRUST this chart - Not WEEDs'












Also (but by no means the BEST (nuther) example) :

This stock _ April 4th








May 4th :









5 days later :




I only seek out real fine set-ups......I don't want no Whiplash