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ScotianBot

Fake out on the Ascending Triangle to the downside?

CANOPY GROWTH CORPORATION (TSX:WEED)  
ScotianBot  
TSX:WEED   CANOPY GROWTH CORPORATION
Trend Analysis Support and Resistance Chart Patterns weed canopygrowth weedstocks CGC Ascending Triangle Bullish Flag bearflags Descending Triangle healthcarestocks
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trendanalysis supportandresistance chartpattern weed canopygrowth weedstocks cgc ascendingtriangle bullishflag bearflags descendingtriangle healthcarestocks
It appears as though Canopy may have pulled a fake out to the downside on an ascending triangle I have outlined in dark blue.

In my previous post I mentioned how the RSI has seen bullish support when approaching the green arrows pointing side ways to the right, where I had a question mark in my previous post is now a green arrow coinciding with the others.

Possibly a bullish flag outlined in green, the downward sloping resistance keeps getting breached to the upside negating a descending triangle / bear flag.

Idea Berkaitan

ScotianBot
Is Canopy trading in a bullish flag?
ScotianBot
Possibly a Head & Shoulders Breakdown for WEED.
Penafian

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