Canopy, CGC D.6 of Trading Cycle 2 (TC2) backtested the 50ma, found support and bounce to close above the 10ma. My Daily chart also clearly shows that an Inverted Head & Shoulders pattern has formed and I have a seat on the bus to see how it plays out. CGC is in W.7 of a new Intermediate Cycle and initial resistance is shown on my chart. Price needs to move back above the 200wma in order to take on my initial resistance target.