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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Bullboard Posts
Comment by Bobthebuilddron Feb 05, 2017 10:38am
113 Views
Post# 25801475

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RBC rounded down .96 of a share... Stole $10.10 from me

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RBC rounded down .96 of a share... Stole $10.10 from me Aye. I don't follow these overbought indicators for a growth stock that can be volatile.
SquishyInc wrote: The RSI on CGC showed overbought all the way up from $4 at the beginnning of the big run starting in October. If you had sold when it first showed overbought, you would have missed out substantially. Strongly uptrending stocks can show "overbought" for months. RSI is one among many indicators a person can use when analysing a chart and plotting entries and exits. Maybe you want to do the research you didn't do when you bought in before you hit sell cuz the share price went up 4-5%. I worry about you.

enrichment23 wrote: Hey Bob, just curious what your thoughts are on the RSI indicator showing overbought on Friday which through analysis states a potential pullback ? Thanks .




Bullboard Posts