VIDEO: Canopy Chart Flashing Potential Reversal

Canopy is flashing some bullish signals on the chart. Shares just broke a three-month down trend. The RSI says shares have been deeply over sold. And finally I see a lot of support between $35 and $40 for the WEED ticker. Michael Vodicka owns shares of Canopy Growth Corp.

Disclaimer: This report is for entertainment purposes only. Every investor should consult with an investment advisor before making investment decisions. The Vodicka Group, Inc. is not a broker/dealer. We do not receive compensation for mentioning stocks. At various times, the clients, publishers and employees of Vodicka Group, Inc., may buy or sell the securities discussed for purposes of investment or trading. Michael Vodicka owns shares of Canopy Growth Corp.

ABOUT THE AUTHOR

Michael Vodicka

Michael Vodicka is the president and founder of the Vodicka Group Inc., a licensed investment advisor (Series 65) and a financial journalist.