Analyzing Aurora Cannabis Stock: Tight Compression Forms Massive Falling Wedge
Aurora Cannabis stock, a prominent player in the cannabis industry, is drawing attention from investors as it undergoes a significant chart pattern characterized by a tight compression formation from a six-year retracement, resulting in a massive falling wedge. Despite recent attempts...
Hello All.
Aurora Cannabis is starting to catch eyes of many. After a major year in 2017, ACB has had a rough last couple years with the price falling as much as -97%.
The charts are showing the blood is behind us and blue skies ahead for the cannabis industry in the upcoming years.
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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...
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...
BUY AT 0.77 & 0.64
SL 0.26
TP.1 $1.40
TP.2 $2.64
Tp.3 $4.20
TP.4 $6.40
When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of...
Symbol: ACB
Cannabis stock analysis, want to see this one play out. Correlate it with the last etf I just shared for cannabis sector health. Hope this helps. Enjoy. 🤠
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Expect the completion of the correction in the logarithmic scale and the beginning of the price increase in wave 3 or C.
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What else can I say, RSI oversold, TD sequential 9 on daily, 78.6 touch almost. I like the chances of a short term relief bounce here of around 16% increase to go test the 61.8. Be weary as more supply could dump. This is not financial advise.
ACB (Aurora Cannabis) after breaking the cup and handle is currently sitting on the support line of $8.8 currently showing a descending triangle continuation pattern, the targets are the same targets of the cup and handle pattern $11 and $12
