In March, we noticed topping price action in shares of Cronos Group $CRON. Cronos Group Inc, (CRON) Looks "Toppy"This price top was completed after a disappointing earnings report.Market Fades Cronos Group Inc. (CRON) After Underwhelming Earnings and Multiple DowngradesWe noted that if CRON does start falling from this price top, we can anticipate support around $14. A couple of months later, we are looking at CRON consolidating right above this $14 pivot.CRON Daily Chart(click to enlarge)Support at $14- The daily chart shows that the market has indeed respected $14 as support over the past few sessions.- This holds price above the 200-day simple moving average (SMA), and above the previous consolidation area. - Thus, holding above $14 is a sign that the overall market is still bullish despite the short to medium-term correction.- If the overall market contraction is mostly done, then CRON has a chance to establish an anchor here at $14 and at least return to the $18-$19 area. - On the other hand, if risk aversion continues to grip the overall market, and we see CRON break below $14, don't be surprised if it revisits the $10 psychological level and support/resistance pivot.- Therefore, I am considering a small position around $14 with a tight stop and target of $18.My Strategy:- Because of how speculative and potentially volatile this name is, I would rather look at CRON around $10. - I would like enter at a level where a 100%-gain in a year is possible without reaching the previous highs around $24 because those highs might be based on hype. - Around $10, I would plan an exit at $20 and forego a stop. This name would constitute only 1% of my portfolio. (I target 10%-15% speculative, high risk names - 10% now because I have been rotating out, targeting 15% by the time the overall market looks bullish again.)