This Looks Awfully Familiar...
CGC's daily chart is looking almost identical to the stages in a bubble chart, and with the stock being up over 200% since the beginning of October, it is certainly inflated. This is just a generalization, but still it's interesting that it looks so similar.
For those who are unfamiliar with the stages in a bubble chart:
https://people.hofstra.edu/geotrans/eng/ch7en/conc7en/stages_in_a_bubble.html
For those who are unfamiliar with the stages in a bubble chart:
https://people.hofstra.edu/geotrans/eng/ch7en/conc7en/stages_in_a_bubble.html
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.