CGC Short target is $38

2019년 4월 1일

I bought a Vertical Put Spread at $200

Spread is exp May 17 Strike 42.5/37.5

max profit is $300 if exp below $37.5

CGC has been fading as it drags lower due to investors being torn between ACB and CGC.

Symmetrical triangle didn't work out as there was 3-4 false breakouts which moved it lower in the end through 60 support.

This is a support/resistance trade.

This is a paper trade.

2019년 4월 22일

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