Technical Analysis of Canopy Growth
Canopy Growth Corp. CGC (NYSE), WEED (TSX)
Canopy Growth Corp. engages in the production and sale of medical cannabis. The company offers a variety of products including oils and concentrates, softgel capsules and hemp. It focuses on the treatment of chronic pain, seizures, muscle spasms, nausea, and loss of appetite. The company was founded by Bruce Linton on August 5, 2009, and is headquartered in Smith Falls, Canada.
Follow Stephen Goldman as he shows you how to evaluate CGC’s technicals using 4 SMA’s (10, 50, 100, 200) to find iron and death crosses while also looking at the Aroon Up/Down and the RSI to find if, and when, to trade Canopy Growth Corp. Trading is fun.
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