Bullishcharts

AURORA gets upgraded as analyst breaks ranks with shorts

Long
NYSE:ACB   None

MKM Partners analyst Bill Kirk upgraded Aurora Cannabis to Neutral from Sell with a C$1.75 price target.
Possible upside target $1.86 to Fibonacci .5 level and daily resistance
Medium term target $2.00 to Fibonacci golden pocket and Gap fill close level.
Today could be quite the battle with the 18% short interest.
Look for very high volume today to confirm shorts covering rather than another bull trap .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.