RE:RE:Do not buy Canopy till $53.17, neck line formed. Everything I am saying is for traders, longs can't sit and laugh at the games. I am not doom and gloom telling longs to sell everything. F$ck that who has time for that? Only paid posters.
ANyways, the left shoulder was already formed. We just formed the head, now down to form the neck line. Right shoulder sell and wait for the massive pull back/tree shake. It's coming those who deny it will be here complaing about it like kids. Some feel bad that many are taking advantage of not knowing what is being planned by the big boys. Some feel bad after while that many lose their shirts.
But $53.17 is the neckline right shoulder is $62.20 ish big wave of consolidation coming.
They want the shake it hard this time, if Canopy gets bought out in full 100% ownership you better believe they will shake out anyone they can. Just how it goes
480Mayham wrote:
RandleMcMurphy wrote: Then sell at the shoulder look at the chart, i am a trader myself the pattern is obvious.
Push down then form the neck line sell at the shoulder drop until december.
3 months of legal sales, then reoports of revenue will build the SP's again.
This is very easy to see, did you really think there would be a run up for Oct17th????
Ummmm no, everyone expected that so they did it early this was the run up.
I guess most don't realize this sadly, the denial phase is hard I know.
Again buy for $53.17 sell $62.80 right shoulder, then down we go for a while.
This is how it will go because everyone thought something else, part of the market.
I guess most of you, hoped it would just keep on running the remainder of the year.
BEWARE HEAD AND SHOULDER PATTERN!!
It may drop to $53 this morning but the bounce will be EPIC. December 3rd? Are you kidding me??? We are seeing ATH's again before Oct 17th in my opinion. We'll see...
Mayham