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CGC equillibrium

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Trading in a clear equillibrium, I am going to try and buy at the 100MA - which would close the local gap, then sell at the top of the current range. Trailing stop loss just outside the lines, anticipating a potential gap close further down.
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Hourly charts indicate the anticipated pull back coming.

snapshot
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So far, so good. Now we need to see a bounce and take quick profits.

snapshot
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Will only enter if we see green today. Trade with caution, and don't underestimate just how much this pig is overvalued.
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Well, I did buy in that day, and earned a buck per share. Anticipated breakdown realised. Currently trading at $13 again, looking to break even lower.

When it hits $10, I may go long CGC.
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Ignore my last comment. Not going long CGC for now.

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