$CGC to ~$9.00
I looks like 
CGC has strong support around the $9.00 price point. Other than that I'm not too sure that it should continue to make runs at it's previous $60.00 high until it finds some stability at a fair market value that allows the average investor the ability to get in, which will also give the company ample time to raise capital and build liquidity.
The weekly Stoch RSI and RSI looks like they've recently bottomed out and would like to make another run up, but I think another series of lower highs for the RSI is in order before attempting to make another run at a new all-time high.
The monthly Stoch RSI and RSI are both in sync with the weekly Stoch RSI and RSI as they both have bottomed with the Stoch RSI, while their RSIs apeear to be low again for the 1st time in a few years. But again, I still think more time is needed to allow my previous comment of building liquidity and such to pass.
I could be wrong and we see a run up to ~$55 and get a nice little double (100% return on investment at current price point) before price attempts to find support at a lower price point allowing a lower low RSI to form on the monthly. Only time will tell, so let's watch and see.
CGC has strong support around the $9.00 price point. Other than that I'm not too sure that it should continue to make runs at it's previous $60.00 high until it finds some stability at a fair market value that allows the average investor the ability to get in, which will also give the company ample time to raise capital and build liquidity.The weekly Stoch RSI and RSI looks like they've recently bottomed out and would like to make another run up, but I think another series of lower highs for the RSI is in order before attempting to make another run at a new all-time high.
The monthly Stoch RSI and RSI are both in sync with the weekly Stoch RSI and RSI as they both have bottomed with the Stoch RSI, while their RSIs apeear to be low again for the 1st time in a few years. But again, I still think more time is needed to allow my previous comment of building liquidity and such to pass.
I could be wrong and we see a run up to ~$55 and get a nice little double (100% return on investment at current price point) before price attempts to find support at a lower price point allowing a lower low RSI to form on the monthly. Only time will tell, so let's watch and see.
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