RE:Bullish Engulfing $36.20, upward trend likely to resumeMartialArts wrote:
If we hold $36.20 tomorrow the bullish engulfing candlesticks we ended up today on the daily indicates the bulls are ready to retake control.
With the vote days away, we should be able to retest the highs. Canada is leading in this sector on the worldwide stage and Canopy Growth is the leader and is available both in Canada as WEED on the TSE and in the US on the NYSE as CGC.
This is a good time to be long. Don't be scared to hold 50% as a more aggressive trading position and now is a good, speculative time to buy.
I asked my Ouija board if we should follow your technical analysis advice and it said no.