Technically positioned in an uptrend with the swing high at (1) and low at (2) defining the two price points that identify it as such, CGC seems locked within a trading range, with the range around (3) serving as support and a failed breakout though “higher high” at (4). Obviously, continuation of this technical uptrend would see a break above 59.00 on high volume while staying above the 46.00 range.
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