In this daily bar chart of CRON, below, we can see a "line pattern" around $6 from April to August. A line pattern is rarely seen in market commentaries today as it was first used, I believe, back in 1900-02 by Charles Henry Dow to refer to very tight trading ranges.
Today, market observers probably suggest it is a very flat rectangle, or something like that, but now you can add the line pattern to your technical vocabulary. In August, prices and volume begin to surge. There is a pullback/correction into late October and then CRON comes on strong again.
Prices go up four-fold from their base at $6 to a high earlier this month around $24. Prices have corrected sideways this month and volume has shrunk, but things still look bullish. CRON is above the rising 50-day moving average line and the bullish 200-day line.
The daily On-Balance-Volume (OBV) line has continued higher even during this sideways correction.
The Moving Average Convergence Divergence (MACD) oscillator is in a take-profits sell mode, but remains well above the zero line in bullish territory.
In this weekly bar chart of CRON, below, we can see a much more dramatic advance for the stock, with a multi-month base around $2. Prices are above the rising 40-week moving average line.
The weekly OBV line is bullish and so is the weekly MACD oscillator.
In this Point and Figure chart of CRON, below, we can see a pretty impressive rally from 2017. This chart is not showing an upside price target at this time, but a trade at $26.00 will be bullish and should open the way to further gains.
Bottom line strategy: CRON made a secondary base pattern around $14, so I am going to use multiples of $14 for arriving at a new price target. The nearby price target is $28 and $42 would be the next target. Stay long or add to longs on strength while risking a close below $17.