CGC Breaks through too many sell signals

13 thg 1, 2018

Sell on Monday: reasons: (1) closed below 10WMA for first time on uptrend ; (2) broke below a strong upwards parallel channel; (3) not really in any kind of base at the moment, too short for C&H (only 6 weeks in cup), so maybe extending to a longer cup base or flat base, in which case we still have the new rally and handle pullback to get through.