롱
[CGC] Breaking through Resistance... Be Patient and Buy Cheaper?

CGC made some nice moves and unfortunately didn't stick to the downward trend I was hoping for.
Added in some new resistance lines here.
The timing here is crazy, trying to thread a damn needle through this craziness haha.
As much as I wanted to get in before it broke the $17.50 resistance, I held off because I expect the overall market to collapse down next week just in time for earnings.
It's gonna be close and I might end up having to load up at like $21 (not ideal but it's still gonna be a smart play but if we luck out here, it'll crash back to around $15-$17 at least next week and create a perfect buying opp right before earnings.
This is likely gonna pop above $28 resistance (assuming there is something decent coming out of earnings like with ACB).
Targeting a 50-100% ROI on 40-60% of my CGC holding this swing.
Added in some new resistance lines here.
The timing here is crazy, trying to thread a damn needle through this craziness haha.
As much as I wanted to get in before it broke the $17.50 resistance, I held off because I expect the overall market to collapse down next week just in time for earnings.
It's gonna be close and I might end up having to load up at like $21 (not ideal but it's still gonna be a smart play but if we luck out here, it'll crash back to around $15-$17 at least next week and create a perfect buying opp right before earnings.
This is likely gonna pop above $28 resistance (assuming there is something decent coming out of earnings like with ACB).
Targeting a 50-100% ROI on 40-60% of my CGC holding this swing.
Data analyst with a passion for best fit lines... B)
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Data analyst with a passion for best fit lines... B)
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
![[CGC] Peak - Short Term Short Setup.. Hold for Pre-Earnings Buy](https://s3.tradingview.com/d/dPS47htm_mid.png)