Replies to post #104868 on Canopy Growth Corp (WEED)

[nowwhat2]

Yeah - There's some hesitancy (1 is WEED's $ 60 dollar level)

Elsewhere :

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148017083


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148019576

[nowwhat2]

Potentially another factor might =

Sector-wide Profit-Taking on the heels of an insane run up ......Basically panic selling
Got all kinds of folks scrambling to lock in their profit(s)

Resistance from the 24/22 Levels here....
Not to mention the formation of what's ALSO a (sly) Head & Shoulders Pattern.....



https://www.google.ca/search?biw=1347&bih=640&tbm=isch&sa=1&ei=nyKmXKukGpKs8AP32p2gCA&q=head+and+shoulder+pattern&oq=head+and+shoulder+pattern&gs_l=img.3..0l8.1587.3854..4468...0.0..0.1350.4010.3j4-1j0j1j2......1....1..gws-wiz-img.......0i67.WMEjboeg4Ng


Why, that "thing" might just be a 3-headed beast ----- One heavily reliant upon the S&P





Potentially (this COULD BE) The MAIN 3-headed beast :




SPY a bunch of days ago

[borysek]

"Any insight on what's holding it back at the moment?"
--------------------------------------------------------
very negative EPS..