ACB took a huge hit, but i'm happy that thanks to my previous TA I expected a big drop. I saw a Bearish Divergence and I stayed far away from ACB, WEED, TGOD and APH.
But i decided to have a look because a reversal in imminent at this price. On the 1hr chart I see a Kangaroo Tail which is a bullish pattern, and I also see that my histogram is showing a Divergence, a bullish one. I think we might see a little uptrend towards 8.90C$, which is our 21 ema (Resistance), if that breaks, we should see a run towards 10.25C$ which is the 55 ema.
Let's keep an eye on this one tomorrow.
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ACB had to break above 6.21$ before it confirms a real good reversal. let's see what happens!
Hi ,
Do you think ACB will come back to $14 on November 7th when they report earnings? I mean a good earnings report
Or this is a too big gap for this price?
Thank you
Raw_Blitz
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@MilaZha, This might sound weird but due to conversations I had with people, traders should not invest long term in ACB. Just saying.
Do you think ACB will come back to $14 on November 7th when they report earnings? I mean a good earnings report
Or this is a too big gap for this price?
Thank you