Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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... see more

Add To Watchlist

TSX:WEED - Post Discussion

Canopy Growth Corp > Some technicals

View:

Post by WeedTheNorth on Mar 05, 2021 1:13pm

Some technicals

We closed the gap from beginning of January down at 35. The daily RSI touched 35 which is very low, almost as low as October when the stock was $18 CAD. Possible bottom in but GL all longs

142

Comment

Comment by yp01048 on Mar 05, 2021 2:05pm

Thank you WTN. I'm a longtime reader here, but I hardly ever post because I like the read generally. I like quite a few posters because I think their posts are very informative. Some of them are: ddgs homestretch Westcoast roadapples xbolt- which when he went off on the shorts was quite entertaining I must say. I actually used to enjoy ss40 (many moons ago)who's posts I don't ...more

120

Comment

Comment by WeedTheNorth on Mar 05, 2021 2:53pm

If you look at a 2 year chart, we've formed a 1.5 year cup and handle. It's a very strong formation and all the cannabis news ahead will help with an eventual breakout. I don't do spot pricing (every time I've ever bought it's gone lower after) but in terms of old adages, we are definitely in buy low territory. We are awash in a market full of speculation but through this ...more

134

Comment