DenisRisticFX

Aurora Cannabis Analysis

TSX:ACB   AURORA CANNABIS INC
ACB's Significant weekly demand @ 8.93.

Longs are favoured but not at current price level. Look for pullbacks into weekly demand.

Zones of Interest:
Demand @ 8.61 and 6.49
Supply @ 14.07.
Supply and Demand is everything in this business.
Thank you for the analysis. Do you think we will see the price of $8.61 this week? Just 2 weeks before legalization ..It does not look real but these cannabis stocks are unpredictable
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@MilaZha, the supply has been tested and the approach is stairstepping upward. No good for bears. Good chance 8.93 could be revisited though before the next leg up. As for the timeline, I cant say.
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