isnarain

ACB Tightening Ranges.

Long
TSX:ACB   AURORA CANNABIS INC
Thank you for your continued interest. The outlook for tomorrow, continues to be bullish. Green = expected sp of 12.56 - 11.82. Could be as high at 13.06 ps in yellow. I do not expect a pull back tomorrow, however if an announcement is made that does not favor the industry the share price will likely retest 10.92 support. In accordance with the bullish recovery from the TSX as well as the favorable bull run for the day we can assume 12.56$ ps close with swings up to 13.46 per share (new short term highs tested). However, there is growing sentiment that consolidation is expected between the 4 hr charts ranges, leading us to believe the likely close will tighten between 12.56 - 11.82 per share. Included with the horizontal range of 10.93 to 12.56; we have our lateral range, where we expect a pull back on Monday (News dependent) If major news (only) is announced a continued bull run will ensue.
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