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$CGC ~ Continues to push lower which is surprising...

Canopy Growth Corporation (NASDAQ:CGC)  
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NASDAQ:CGC   Canopy Growth Corporation
Wave Analysis CGC cannabis cannabisstocks SPDR S&P 500 ETF (SPY) QQQ nasdaq SPX (S&P 500 Index) elliottwaveprojection elliotwaveanalysis
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waveanalysis cgc cannabis cannabisstocks spy qqq nasdaq spx elliottwaveprojection elliotwaveanalysis
As shown, wave 2 has now pushed past the 61.8 and now headed towards the 78.6. As we know, wave 2's can retrace up to 100% of wave 1. Best option would be to DCA if you believe in the company. Will continue to track and provide updates. My view is the same as many others, that this sector will push nicely once some good news is published.

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$CGC ~ Surprisingly still correcting...
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