Canopy Growth Corp. (CGC) has started to make its move to the upside. We reviewed the charts on June 17, and wrote that, "I suspect that many states will be strapped for money, because of the pandemic shutdown and they will consider legalization as a source of income, despite earlier reluctance.
With the bullish divergences on the charts above, I would trade CGC from the long side, risking a close below $12. Add on strength looking for gains to the $40 area. Prices are moving up and generating some buy signals.