Lets keep it simple?!
I have charted ACBFF already with great results with a more positive outlook. I've came across another possibility that is short term bearish, but still long term bullish.
I've explained most of the indicators in my previous chart, but here I just want to show levels, potential break outs and pull backs.
I have labeled a small bounce area already for tomorrow or the next day, but ultimately will get to the $6 area again.
This chart here shows what could happen if the wedge fails at that level, taking us to the 618 for what I believe could be the final bottom.
The end of this longer failed wedge rolls right into new years, which could be a perfect time for the 618 level wedge to break out.
Will update chart as time goes by, attempting to give clarity to the market. Corrections are healthy, health is never easy.
Happy Trading, debating and speculating! FOLLOW for updates!
I have charted ACBFF already with great results with a more positive outlook. I've came across another possibility that is short term bearish, but still long term bullish.
I've explained most of the indicators in my previous chart, but here I just want to show levels, potential break outs and pull backs.
I have labeled a small bounce area already for tomorrow or the next day, but ultimately will get to the $6 area again.
This chart here shows what could happen if the wedge fails at that level, taking us to the 618 for what I believe could be the final bottom.
The end of this longer failed wedge rolls right into new years, which could be a perfect time for the 618 level wedge to break out.
Will update chart as time goes by, attempting to give clarity to the market. Corrections are healthy, health is never easy.
Happy Trading, debating and speculating! FOLLOW for updates!
Trade active:
It bounce just as I was saying yesterday that "I lableled a small bounce area for tomarrow" aka today.
Follow for more updates and check out my other charts, as they are playing out as well so far.
Looking for a sell down to my lower level target.
Follow for more updates and check out my other charts, as they are playing out as well so far.
Looking for a sell down to my lower level target.
Trade active:
I said in my previous chart it may reach the 7.25 area from that wedge, its litterally sitting on 7.25 as I type this.
Im still looking for a pullback after this failed wedge breakout.
It may reach the 382 at 7.50 before pullback, or just ride that top wedge down to our final buy zone.
No matter what, these little fake bounces do, It will reach our target.
Im still looking for a pullback after this failed wedge breakout.
It may reach the 382 at 7.50 before pullback, or just ride that top wedge down to our final buy zone.
No matter what, these little fake bounces do, It will reach our target.
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an update for the false breakout, my sell zone was a safe sell, as we can see it has fallen back into place on way to my buy zone. back into my wedge.
Comment:
Anyone else loving these calls? That wedge down to a breakout call, to the sell confirmed then future buy zone. Im just getting started.
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no surprise here, still waiting on a deeper 5$ mark for best entry, probably tomorrow.
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Heres the final call to this graph, as we have seen my last 3 calls from the wedge down, break up to sell zone, back into my buy zone, which has been labeled since the start.
We are now deep into the buy zone, reaching what HAS to be the next bounce, or were looking at a stop to the 618. I dont feel that the sentiment is negative for mmj stocks atm for it to reach that level, but then again thats the kind of thinking that gets you caught!
I see a lot of buy signals on the 4 hour, and momentum is still bearish, but looks to be reaching a close max.
You can see the Ichimoko changing up a bit as a target, and we have reached the bottom of a long year wedge again for the 3rd time.
The only serious concern is the fail squeeze firing short on the 1 hour.
Stop loss at 5.30 seems appropriate.
We are now deep into the buy zone, reaching what HAS to be the next bounce, or were looking at a stop to the 618. I dont feel that the sentiment is negative for mmj stocks atm for it to reach that level, but then again thats the kind of thinking that gets you caught!
I see a lot of buy signals on the 4 hour, and momentum is still bearish, but looks to be reaching a close max.
You can see the Ichimoko changing up a bit as a target, and we have reached the bottom of a long year wedge again for the 3rd time.
The only serious concern is the fail squeeze firing short on the 1 hour.
Stop loss at 5.30 seems appropriate.
Comment:
time for a bounce!
so far i have called every single bounce, buy and sell zone. lets see if this buy zone can pull out.
looks positive, great resistance at this level, with momentum changing bullish an a lot of buy signals on the 4 hour. also at the bottom of the wedge.
so far i have called every single bounce, buy and sell zone. lets see if this buy zone can pull out.
looks positive, great resistance at this level, with momentum changing bullish an a lot of buy signals on the 4 hour. also at the bottom of the wedge.
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wedge breakout fail, right into my second worst case buy zone literally at the top buy 2 cents. theres no reason it shouldnt bounce from here, or is there...
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there is no reason to sell your bags at these levels, just HODL if your already in position. not legal advice.
looks like a small bounce, with a pull back, but still bullish from here.
You can see buy signals on the 4 hour stacking for the last month, and momentum changing bullish for the last week, with the sell off slowing down, sliding right into the month of august, legalization for canada.
looks like a small bounce, with a pull back, but still bullish from here.
You can see buy signals on the 4 hour stacking for the last month, and momentum changing bullish for the last week, with the sell off slowing down, sliding right into the month of august, legalization for canada.
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well were in the buy zone deep. Ive filled my bags for this trade.
New worse case buy zone sits at 3$, but I dont see that happening at this moment. Will be playing bounces.
We have TONS of DAILY buy signals going off, with the perfect reach on the 618.
this chart looks bottomed out to me for this moment.
New worse case buy zone sits at 3$, but I dont see that happening at this moment. Will be playing bounces.
We have TONS of DAILY buy signals going off, with the perfect reach on the 618.
this chart looks bottomed out to me for this moment.
Trade active:
im a bounce player, so i look for ins and outs. for long term holders, It may be wise just to ride this one out, as it wouldn't benefit you here.
we have a big day on the 24th for Acbff shareholders, with its spin off company Australis Capital. They plan to give 1 share of Australis Capital per 20 Aurora shares. USA residents will get cash usd value, as Canadian will get the shares.
besides that, we have alot of bullish indicators right now. just going to sit back until the 24th.
we have a big day on the 24th for Acbff shareholders, with its spin off company Australis Capital. They plan to give 1 share of Australis Capital per 20 Aurora shares. USA residents will get cash usd value, as Canadian will get the shares.
besides that, we have alot of bullish indicators right now. just going to sit back until the 24th.
Trade active:
I hope everyone had a great week with those 40 to 100% gains on a few of my charts.
after my first buy zone above near the 580 to 6$ area was shot through, i had a second zone placed as well, with a sell zone for both buy zones if reached.
As you can see, if you were in at either buy zone, and placed your order at the sell zone, you would be in serious gains!
Just look at that perfect sell zone hit almost to the T all the way through.
This brings me to my next destination for this, which will take you out of your comfort zone.
This chart below shows what i believe could be the bottom.the 3$ area :)
I still think theres a chance we tap on the 7$ area tomorrow. I believe per share you get 0.25 cents of australis capital, which gets recorded tomorrow. Anyways, after that, were going down town.
After this year, I may be looking for a place to put my knowledge to work :)
after my first buy zone above near the 580 to 6$ area was shot through, i had a second zone placed as well, with a sell zone for both buy zones if reached.
As you can see, if you were in at either buy zone, and placed your order at the sell zone, you would be in serious gains!
Just look at that perfect sell zone hit almost to the T all the way through.
This brings me to my next destination for this, which will take you out of your comfort zone.
This chart below shows what i believe could be the bottom.the 3$ area :)
I still think theres a chance we tap on the 7$ area tomorrow. I believe per share you get 0.25 cents of australis capital, which gets recorded tomorrow. Anyways, after that, were going down town.
After this year, I may be looking for a place to put my knowledge to work :)
Ill have to post the chart I was referring to with ACBFF here. sorry.