Long
CGC needs to catch up to TLRY- Remount and Trendline break today

CGC has remounted its 9ema. It has been trailing TLRY for the last week. Today we have broken a key trendline in CGC along with remounting its 9ema.
Remounts are powerful!
Weed is still in play. The key is going to be if today is an exhaustion gap in TLRY and it fades off on the news that was expected or the party continues!
The key is if it holds here. We are due for a sharp pullback in these stocks at some point soon. Risk management is key you dont want to risk much on these type of trades.
Remounts are powerful!
Weed is still in play. The key is going to be if today is an exhaustion gap in TLRY and it fades off on the news that was expected or the party continues!
The key is if it holds here. We are due for a sharp pullback in these stocks at some point soon. Risk management is key you dont want to risk much on these type of trades.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.