N/a
-Jan 17: Canopy Growth Revises THC Beverage Launch Timeline
-Entire weed sector is in upswing after being oversold
-Buyers have been stepping up since November last year -> supporting at 14, 18, 18.50 and now at 19
-Latest support is 22 which is resistance turned support (better support level)
-Levels: 23.74, 24.70, 25, 25.25
First Test long of 25 - 25.05
Two lots got filled before bounce started, first 10c profit target got hit, held second lot for bigger move, sold due to continued failure at 25.20 area
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-01-17 14:29:16 | CGC | buy | $25.080 | long |
2020-01-17 14:29:16 | CGC | buy | $25.060 | long |
2020-01-17 14:35:13 | CGC | sell | $25.150 | long |
2020-01-17 14:41:32 | CGC | sell | $25.160 | 0 |
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good try