McGuireTO

ACB Uplisting Announcement Muddying Lower High target

TSX:ACB   AURORA CANNABIS INC
ACB After retracing almost .5 of the move up from the low of consolidation before the constellation news to our recent high, I was watching for a lower high to be set somewhere between $upper $8 range. Cam Battley confirming in an interview with Midas Letter ACB uplisting to a major US exchange after close on Friday. I'm now looking slightly higher for a profit target, but the lack of a formal press release hasn't given me much to adjust so far. After hours Friday saw ACB trading on PURE exchange for 9.15, which is the . 786 retracement of the dump.
Hi Matt. Great analysis. I think I will start scalling in to ACB Monday right at opening. Then if we break current resistance levels in the low and mid $9s I will add more
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McGuireTO Attilaelek
@Attilaelek, Gap ups are generally for selling not for buying, and we're seeing that today. I'm remaining patient as a great swing opportunity will present itself. No need to catch a falling knife
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Attilaelek McGuireTO
@McGuireTO, you were absolutely correct Matt. I know you had issues with APh at the shoppers deal. I should listened. I add this to my lessons. Thanks for your reply
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What are you anticipating tomorrow morning for acb and Canadian mj sector . Gap up ?
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McGuireTO jayrob4134
@jayrob4134 it's hard to say. We're almost certain to see a gap-up open on the increased demand to hold for the uplisting of ACBFF to Nasdaq or NYSE that Cam Battley disclosed on Friday after market close. However I'm unclear on how widespread this news currently is given there has been no formal press release from Aurora. The size of the gap will be key in determining if the bulls need a day or two to consolidate or if there can be continuation of the hourly uptrend throughout the coming week. Thanks for commenting, I appreciate hearing from people!
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jayrob4134 McGuireTO
@McGuireTO, thanks for that yea I’ll be following closely man - new to trading view like your analysis . Trying to figure out a good strategy for playing gap ups currently as like u say we’re almoat certain to. Have one tomorrow ..
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