CGC Update - Hidden Bearish Divergence on 1H Chart

5 thg 10, 2018

Although the bears were rejected at $45 and price has moved upwards again, the 1H chart seems to have formed a hidden bearish divergence. There's also potential for a crossover of the 200 and 50 EMA. I'm not convinced about the bull case just yet. A convincing break above $55 would change my mind.