The news of Canopy Growth Corp. new CEO send the stock soaring. This trade is a perfect example of why we stress getting long early - and watching the show LIVE! ⏱ Timestamps:
1:50 Trade entry: We enter the trade in the premarket, take a couple of hundred shares initially and then watch the stock blow up to the upside. No way we expected this stock to move the way that it did!!
3:34 Trade management: The day keeps getting better on CGC as it keeps going up! Definitely a leading stock in the Cannabis sector today! Don’t miss Brendan at 5:42 as he points out something interesting about the stock pullbacks!
6:00 Exit: CGC $1.50 breakout as it continues on to the moon! A couple of missed opportunities pointed out on the chart but overall great trade with the breakouts!
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