CGC Stock: A Bearish Signal Averted
Very few sectors can provide the moves that marijuana stocks have been able to provide. Over the past few years, this sector has provided spectacular rallies followed by frightening sell-offs. These moves have been driven by emotions; specifically, fear and greed.
The magnitude of these moves has given ample opportunity for both bullish and bearish traders to capitalize. For those who have been inclined to take a long-term approach, the good news has been that every frightening sell-off has always been followed up by a spectacular rally where new highs have prevailed.
Canopy Growth Corp (NYSE:CGC) has done an excellent.
Den vollständigen Artikel lesen ...
Very few sectors can provide the moves that marijuana stocks have been able to provide. Over the past few years, this sector has provided spectacular rallies followed by frightening sell-offs. These moves have been driven by emotions; specifically, fear and greed.
The magnitude of these moves has given ample opportunity for both bullish and bearish traders to capitalize. For those who have been inclined to take a long-term approach, the good news has been that every frightening sell-off has always been followed up by a spectacular rally where new highs have prevailed.
Canopy Growth Corp (NYSE:CGC) has done an excellent.
Den vollständigen Artikel lesen ...