Hi Teri, I really don’t have anything more to add than what I covered on that chart of CRON in this video. I still favor more downside to at least that 13.19ish target & quite possible the two additional levels that are marked on that chart below (9.50ish & 5.50ish).
I think that whether or not CRON falls that much is likely to depend on whether or not there is another 5-10% downside in the broad market. Although the pot stocks are not typically correlated with the broad market, they are a “risk-on” trade so if the stock market comes under some very heavy selling pressure such as we had in Q4 ’18, I would suspect that the pot stocks would be dragged down in the selling as we would be in a “risk-off” environment.
Should CRON break out above that minor downtrend line impulsively (keyword: impulsively), then a rally up to the 18.70 resistance level would be likely but not a rally that I would care to position for long since the stock recently put in a big divergent high.

The stop would also depend on one’s average entry price but I can say that REMX has decent support around 14.15 so not too far below that for a max. stop, possibly higher depending on one’s entry.

Thx for sharing that. Although I don’t actively follow the astrology predictions, I do believe that they have some useful predictive value. As with any discipline, TA or otherwise, nothing works 100% of the time but the more bearish or bullish evidence that one can compile from various sources to make the case for a rally or correction, the better the odds of it playing out.

I have just added your email to the Premium (subscriber) email list.