RE:Share priceYou know what is kind of hilarious? Look at this stock 1 year ago, almost exactly. Early November CGC topped at 3.69, broke the 5 day MA. By mid-November CGC cracked the 20 day MA and bounced off the 50 day. Look at the technicals, its also so similar it hurts. So what does it tell us then? We are probably at the rally right now. A couple days of stagnation, then when the 5 day MA catches up to the fall it will push us through the 20 day MA like a mother pushing her baby through her vagina. Such a downside move was happening to Supreme a last week, but sector europhia cut it short from hitting the 50 day MA.
I am not saying they are identical situations. The difference between now and last year is that we still have some momentum with the task force, so expect this 'rally' to possibly drag out until we find whether Trump wins or not. If Trump wins then its head and shoulder back to 4 and I will have to decide whether to be sad that Trump won or happy I just scored more shares.
However, Starsearcher, take a look at some CGC history and question whether the 'impossible' is really 'impossible'. Markets are ruthless and when institutions are shorting they will take all the money you made if they can, just like post-Trudeau election.
GL