You can look at monthly Amazon chart when it begins, it was the same pattern.
This enterprise deliver something who had a lot of buzz and this will continue. The concept is interesting because it diversify between medical and recreative purpose.
They got an awesome performance with +2500% in less then 5 years and the financial data of this company is consistently increasing.
Same thing as twitter, I will look to it closely in next years.
@ABG1968, all eyes on next earnings and reaction of the market. Maybe I play risky but in december I will invest in it ( with small capital of course like 30-40$)
mfibbs
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Too bad aurora isn’t amazon. This isn’t crypto where coins go up based on technicals for no reason. Aurora has no reason to go up. There a train reck. Lawsuit, shelf life problem, burning through cash, no partners, no hope of profit anytime soon.
jeanneymar011001
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@mfibbs, @mfibbs, how do you saw my chart? I supposed you were looking for aurora charts? So there is a buzz in this field (weed company) not only for aurora but aurora is a part of this business. So maybe ACB wont get the performance expected or maybe it will explode, who knows?
Actually Aurora is on the most buzzed stock list
However diversification is possible with CGC
ABG1968
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Lol, to compare Amazon in dot com times with this crap is like comparing Tesla with Lada (USSR car), ACB is not for sure Amazon, does not have the managers, does not have the board, does not have the back-up of big investors, does not have the market that Amazon had and has. Speculate all you want on this but don't make novices believe that this is some kind of amazon in disguise, really is not.
jeanneymar011001
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@ABG1968, No I didn't say that. I understood what your point of view and I agree. What I said is that the chart looks like amazon when it begins not the fundamental
@jeanneymar011001, I think you formulated it just fine. You compared the technical setups between the two stocks. Not the actual company. I am in agreement. As you say, we need to see how the market will react to ACB in the comming period. Maybe she drops down more, but if she breaks upward with a higher high, it will be a very important buy signal.
It is very possible