Natestradamus

Looking for a bounce

Long
NASDAQ:CGC   Canopy Growth Corporation
Daily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled

Also in a buy/support zone on the daily
Weekly Oversold

4HR at historic Oversold bounce levels

1HR at historic Oversold bounce levels

Daily looking to like a potential falling wedge, at price support/buy zone, at historic oversold levels with now a daily gap above to fill. A lot of confluence and the stars aligning for a good multi-day/weekly bounce out of OS conditions

Haftungsausschluss

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