we will touch the green line fib 0.5 which is 32.33. the red line wave 1 of wave A which is 55.87 COULD be touched
An idea for $ACB maybe going for a retest on the upside
May's monthly candle closed above April's high. If price returns to April's high, then I will begin purchasing call options at the 11 strike with a July 2 expiration.
No trend updates, here, original idea holding up pretty good. Lets see how it plays out. Bit surprised CGC couldn't bring anything to the game for earnings, they really are a fundamentally strong company, but here's what happened if you're curious. The ACB earnings FOMO pop pushed the entire market from great value to poor value in one week. Every buy above $17...
Curious to hear everyone's comments on how to interpret this last candle? Huge volume with no price movement.
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, Aurora Cannabis is due for a breakout. They recently also acquired Reliva, which have many people either skeptical or bullish. The market is hitting resistance at the moment with many people shortening it and negative reactions...
17 states allow for a small personal grow while 11 states allow for recreational use. Currently states favor you minding your own business and growing your own weed over you going out and buying weed in the public's eye. 21 more states allow for medicinal. 18 states are holding out. CBD is everywhere but it feels kind of in the trendy vitamin arena. Maybe that...
From what it looks like to me, APHA needs an impulse to break key resistance around $4.30 and try for weekly resistance around $4.80. She is packing energy right now, and I am expecting $4.10 resistance-turned-support to hold. A break of this support may see a retest of $3.89. There is no telling if wave 3 is complete yet, though. CGC reporting earnings tomorrow....
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, getting into my analysis, I think ACB is about to have another retracement of a past wave correlation it did in 2017, with a higher support curve. The charting data seems there, and that is why I say I am extra bullish on my...
It seems a little strange that all of the mainstream MJ stocks have all started back up the ladder as of 13 May 2020....not sure why these are all lined up but I am liking the CALL action!!
Bullish flag, compression, ready to breakout?
Everything was right on track with ACB price marching steadily down as expected for a great buying opp pre-CGC earnings and then BOOM! Stock popped up from $12 to $17, I sold off another 20% chunk (again catching the top of a 2nd peak on this swing here (just couldn't resist banking more 3x profits on this swing) because the high industry gravity and ensuing...
ACB has been on a nice bullish uptrend since the 12 for 1 stock split, that was a great move on their behalf, however, it is interesting to see them buy a U.S asset & issue shares immediately after lol. An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in...
FOMO got the best of of the market again. Was a beautiful setup. I loaded up on ACB the 5 days leading up to earnings because it was beautifully positioned at insane value and because almost any shred of good news was almost sure to make this stock pop. Bought @$6.22, sold ~20% @$10.62 yesterday and another ~20% @ $18.56 today. Will sell another ~20% if it...
I hate to be a drug dealer but the chart looks interesting swing , experts here what is your openion ?
In just 4 days $ACB had a massive gain of 280% !! Disappointed at myself for not making a trade, I could be retiring right now. A lot of bearish sentiment though, with the MACD indicator trading close to the zero line. EMA crosses made, plus 20M shorts. Going on my watch list, that’s for sure. NYSE:ACB
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...