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CGC : Market Open Tuesday

Going out on a limb here, let me know what you think. I'm expecting to see a gap up in pre-market and continuation into the open. Especially since the price was pinned down at the previous close to burn the premium. Once we get past the initial 15 min algos going at it, I think retail will buy heavy sending the price upward through the remaining resistance levels and hopefully past the ATH. If we get to there we will break through the ATH as the RSI moves high into the oversold range and at this point retail will start to get skittish, volume will start to dry up, then most will sell for profit and we will retrace back down to around 51.98 towards the close. Otherwise it may go down a little.
Disclosure: Don't follow anyone into a trade, especially me as I do not normally know what the hell I'm doing.
Disclosure: Don't follow anyone into a trade, especially me as I do not normally know what the hell I'm doing.
Lets Go! > Danny
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Lets Go! > Danny
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.