lemoncellist

Long-term bearish + short-term bullish = sell!

NASDAQ:CGC   Canopy Growth Corporation
Ever since CGC’s massive over performance in mid-2018, caused by Constellation Brand’s huge buyout, giving Constellation a 37% equity stake, Canopy’s stock has been falling. In 2020, the stock has hit a pretty bad low, taking a big blow in 2019 and falling even further from the shutdowns. Now, all of the sudden, starting around October, it began a bullish trend; however, I believe people will began to think that it’s overvalued soon. So, sell while you can!
Penafian

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