Cronos Group continues descending channel

٢١ مارس ٢٠٢٠

Cronos group is currently trading within a steep downwards parallel channel. My expectation is that this channel will break within a few months, steep channels like this rarely last this long on non logarithmic charts. I would love to buy an accumulation towards the bottom.

٣٠ مارس ٢٠٢٠

تم فتح الصفقة

Entered via 2 year LEAP options. Price broke out on the Canadian chart, expect U.S. to follow. Don't mind holding for a few months.

٥ أبريل ٢٠٢٠

ملاحظة

Tested highs, slight dip from earnings report, generally holding up pretty well vs general market in my opinion.

٢٧ أبريل ٢٠٢٠

ملاحظة

Price now comfortably above channel. Also broke out of a symmetrical triangle.