Hey guys,
I am just following up with chart for my ACB analysis. We have been very bullish. With the q4 financial report out, it was mentioned that ACB had a high revenue return. With that said, we look again at the same chart that I posted weeks ago. My analysis remains the same. The last 3 daily candles are confirming candles that is above the 12.25 CAD target(resistance level). This week to the next, we are going to hit 14-15CAD which will act as the new resistance. I suspect a bounce down from that resistance before we pierce through it to a new all-time high level which I am very confident that we will.
I am just following up with chart for my ACB analysis. We have been very bullish. With the q4 financial report out, it was mentioned that ACB had a high revenue return. With that said, we look again at the same chart that I posted weeks ago. My analysis remains the same. The last 3 daily candles are confirming candles that is above the 12.25 CAD target(resistance level). This week to the next, we are going to hit 14-15CAD which will act as the new resistance. I suspect a bounce down from that resistance before we pierce through it to a new all-time high level which I am very confident that we will.