Cronos Group's Stock May Have Finally Found Technical Support

If $14 support continues to hold, traders should watch the $16 level for the first signs of near-term resistance. Cronos made it as high as $16.55 last week on an intraday basis before running into heavy selling pressure and closing at around $16.

Interesting article about the price of Cronos Group stock. I'm not a huge fan of technical analysis but it's worth following. I'm tempted to sell the near term out of the money calls on Cronos mostly because of the overall market. If the technical analysis is correct, I'll just keep selling the out of the puts around the $14 level.

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https://finance.yahoo.com/news/cronos-groups-stock-may-finally-121433194.html