Barkworth

ACB death cross

NYSE:ACB   None
With the 50MA crossing the 200MA, and the price just registering lower lows and lower highs, I'm still staying clear of ACB. CGC is a great example of a play falling below the so cherished 'bottom trend line'. With a diluted float, we should move the bottom trend line lower, accordingly.

I do feel that $5.85 was a great price though. Right now, it looks like that level will be tested again soon.

Levels on watch, trade safe!

🅱🄰🆁🅺🆆🄾🆁🆃🅷
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.