22% drop to C$0.035 in CLSH.CN (CLS Holdings USA, Inc., CNQ): watch for oversold bounce

CLSH.CN stock plunged 22.22% to C$0.035 in market hours on 26 Jan 2026, creating a classic oversold bounce setup. Volume hit 16,000 shares, three times the 4,724 average, which signals short-term capitulation. CLS Holdings USA, Inc. (CLSH.CN) trades on the CNQ in Canada and sits below both its 50-day (C$0.0387) and 200-day (C$0.0447) averages, a technical pattern traders watch for mean reversion.