At $28.80 Canopy Growth Corporation (CGC) Forms Bullish Double Top Chart Pattern

June 29, 2018 - By Susanne Funderburg

The double top technical pattern of Canopy Growth Corporation (CGC) has $30.82 target or 7.00 % above today’s $28.80 share price. The stock has $5.91 billion MC. The double top technical pattern was announced on Jun, 29 by Finviz.com. If our $30.82 target is reached CGC’s valuation can change by $413.91M.

Ticker’s shares touched $28.8 during the last trading session after 6.01% change.Canopy Growth Corporation has 2.96 million shares volume, 49.18% up from normal. CGC is and has moved 0.00% since June 29, 2017. CGC underperformed the S&P 500 by 12.57%.

For more Canopy Growth Corporation (NYSE:CGC) news posted briefly go to: Fool.com, Seekingalpha.com, Fool.com, Fool.com or Fool.com. The titles are as follows: “Better Marijuana Stock: Canopy Growth Corporation vs. Scotts Miracle-Gro” posted on June 23, 2018, “Canopy Growth: A Mixed Quarter” on June 28, 2018, “Molson Coors Is Looking to Tap Into Canada’s Budding Marijuana Market” with a publish date: June 26, 2018, “Does Buying Marijuana Stock Canopy Growth Pass Warren Buffett’s 4 Rules for Investing?” and the last “This Canadian Medical Marijuana Giant Just Filed for an IPO in the US” with publication date: June 27, 2018.

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