Monday, December 9, 2019

New Hope On CGC CGC有新希望

。Canopy Growth Corp.,(CGC 21.09) the world’s most valuable cannabis company, has appointed Constellation Brands Inc.’s finance head as its chief executive officer, raising the odds that the alcohol giant will buy Canopy outright. Constellation Brands owns 35% of CGC. The odd of CGC get taking over is 66% according to Cantor Fitzgerald analyst Pablo Zuanic.

。More than 2X average trading volume and up more than 13% and December 20 call options volume is 5X that of December 20 Put options are providing good upside momentum.

。Short interest is a high 19% and may trigger short squeeze.

。Technically, after dropping 74% from April 29, 2019 high of 52.74  CGC has formed a bullish Head and Shoulder Bottom pattern with upside target at 24 and 30. Support levels are 20 then 18.




   









。全球最有价值的大麻公司Canopy Growth Corp.(CGC 21.09)已任命Constellation Brands Inc.的财务主管为首席执行官,这增加了这家酒精巨头直接收购Canopy的可能性。 Constellation Brands 拥有CGC 35%的股份。 Cantor Fitzgerald分析师Pablo Zuanic认为CGC被收购的几率是66%。

。今天上升超过13%,交易量超过平均交易量2倍以上,而12月20日看涨期权交易量是12月20日看跌期权的5倍,提供了良好的上涨动力。

。空头仓位高至19%,可能会引发空头挤压上升。

。技术上,自2019年4月29日高点52.74下跌74%之后,CGC已形成见底的头肩底形态,上行目标为24和30。支撑位为20然后是18。