If CGC drops below $4.25 we may have a fast move down. It broke out on the 11/04/2017 but since then it has been sold off. My worry is that it has not stopped at the top of the consolidation area ($4.40) which should have been support. It has crashed through that level & is attacking the bottom of the consolidation area ($4.25). If that does not hold then it is probably going to go down hard.
"Fast moves come from false breaks"
Add to My Watchlist
What is My Watchlist?