GW Pharmaceuticals $GWPH has been pulling back after a bullish 2019. After the break below a key support at $150-$152, it is now in a clear bearish correction mode. GWPH Daily Chart(click to enlarge)Bears in Charge:- Price action has been creating lower highs and lower lows since briefly touching a high around $195 in May. - This week started with a strong bearish engulfing candle that signals bearish control.- Within this context, I think there is a chance that we will see price pull back towards the 2018-2019 lows around $95-$100. - I am indeed looking for this dip and getting ready dry powder in case price falls to around $100 (almost 30% slide from the current $135.25 close).- This bearish outlook would be even more likely if we see a rally get rejected around $150. - However, also consider possible support around $120. I think if the market is still long-term bullish, it would not let price slide all the way back too $95-$100. Instead, we should see support around $120-$125 in this scenario.- Therefore, I am making sure I have some cash to buy GWPH around $125 and $100.