Breakout has been invalidated. I don't like retests, I don't like trading against the market eather. Unless another big green candel materilizes today, it will be difficult for me to long this stock before Monday. I remain bullish
Barkworth
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Looking at volume, I think we're looking at potential reversal here. If CRON can break to the upside of this wedge without getting overbought, she may move higher. Otherwise just another daily lower high.
Anton_curatola
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@Barkworth, Yup, anything can be by now. I saw a 2 days breakout from a 3 moths falling wedge; +10%. it reacted right at support, which was clear and horizontal. I only needed this to trade it. Day by day.
Barkworth
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@Anton_curatola, I agreed with your assessment. Wanted to offer a perspective. We have to be careful at these levels :-)