Edited re-post: Long term price action in Aurora Cannabis (ACB)
www.tradingview.com/x/C0ZWiU6n/(Edit: Cleaned up my previous posts target period)
In this chart we can see the over all price action ACB has experienced within roughly three years. I have noticed large pockets of price consolidation lasting from around six to twelve months forming wedges with strong surging breaks upward. Overall Aurora Cannabis has been in a strong surging uptrend, but is very volatile. Currently ACB is sitting at its lower support level holding strong so play it Conservatively and if this stays true we may see consistent double digit prices holding strong in mid 2019
In this chart we can see the over all price action ACB has experienced within roughly three years. I have noticed large pockets of price consolidation lasting from around six to twelve months forming wedges with strong surging breaks upward. Overall Aurora Cannabis has been in a strong surging uptrend, but is very volatile. Currently ACB is sitting at its lower support level holding strong so play it Conservatively and if this stays true we may see consistent double digit prices holding strong in mid 2019
Comment:
Note: The target is more of a time period than a price. Im thinking around $15 mid 2019