Replies to post #103556 on Canopy Growth Corp (WEED)

[nowwhat2]

Have things not yet here been fully "explained" ?




Oftentimes "breakouts" become simply "poke-aboves"
May also be referred to as "head-fake poke-thrus"

We saw one in Rivers the other day (the day before their earnings release)
And we may have just witnessed one in WEED today !

Yesterdays' close was just a head-fake poke thru !

That waren't no beautiful bona-fide Breakout !




Likewise :

The S&P 500's 280 Level continues to dictate......and rules over everything.




That 280's the reason for WEEDs' weakness today




Stock charts are a marvelous thang !....Nemaste



Day before :

[33Sailor]

Great question it's a sea of red.

[Dbrown13]

Not sure! Peeps were hopeful yesterday but some are pointing out that this is a traditional sell off period.