RE:RE:RE:RE:RE:Death Cross = $20 this year or lowerI did. And I was wrong about the stock but right about the move. Market fell in love with Tilray instead of Canopy - went from $20 to $300 - actually my $150 call was conservative
I also called the bottom in ACB in the summer because I was using RSI.
RSI is the best indicator of tops and bottoms. Canopy RSI is now where Tilray was when it was $200 plus.
The charts are saying a break down is coming. History always repeats. Check out what happened to Tilray from Sept to Oct. That’ll tell you what’s about to happen to Canopy.
I am not short. It’s a sane to be short, especially when a stock can move $30 on a PIPER pump and a hemp slight of hand.