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McGuireTO
Mar 6, 2019 12:17 AM

ACB broke 2 key daily levels, looking to break a third tomorrow 

AURORA CANNABIS INCTSX

Description

HUGE day for ACB but the hourly chart is very extended. No need for FOMO buying up at these levels,
Comments
Attilaelek
Great video as always Matt. So I stopped playing bull breaks because of getting burned way too many times with fadeouts. However, Im just wondering what would be your entry plan on a consolidation?
McGuireTO
@Attilaelek, Tomorrow I will be taking my profit and will be watching shorter term timeframes to help me be confident a new hourly support has been established. Today's bull volume was very telling about the short term direction of the stock in my opinion, so I will be watching for trend changes on small timeframes to help me time my entries
Attilaelek
@McGuireTO, Thanks MAtt. What time frames you usually use? 15min or 5min?
McGuireTO
@Attilaelek, I usually look at the 1hr and up but will be looking at the 5 or 15 tomorrow to help time my re-entry after taking profit at open
Barkworth
Brilliant as ever. It did exactly what you anticipated. Many thanks for your continued efforts.
GEETARGEORGE
Great video & definitely some great advice!
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