Description
⋅ Aurora Cannabis (ACB) has managed to give up 99% of its value since its October 2018 high.
Certainly this is wealth destruction at its finest.
I can find no technical reason to jump in here other than its at the bottom of a channel (pitchfork) and has a gap that needs to be eventually filled.
(This is a TSX chart as they are open today).
For many this psychedelic dream has become a nightmare.
Would not I bottom fish here ?? .... no not on my dime(bag)!
Not investment advice... do your own due diligence and respect overall market trends.
If you have a any fundamental or technical reason to purchase please comment.
Have a sweet trip
S.