Seeing a pattern develop on CRON which if it stays true today / tomorrow should be the last bull run before a new low of around 5.50 which I would turn bullish.
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So far so good, we will see how strong that trendline is as early as tomorrow possibly.
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testing that trendline now
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trendline break, see how low we get today
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read like a book! just sold my puts and made some nice cash and now looking for an entry for the bounce. not getting in until its closer to 5.50 though. probably going to fall the rest of today and possibly tomorrow.
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News completely changed the stock direction as you can see. now back into that channel and if we break that 6.10 we will be back in the 6.10 to 6.30 channel. I do not see this getting below 6.00 again
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