ACB hasn't progressed in an ideal fashion but still possible the 9.79 was the bottom.
Bullish. potentially starting 3rd wave in this impulse. More bullish when takes out ~10.50 and ~10.80
I like the setup right now. Turn more bearish if it breaks below ~10 and invalidates under previous low.
Like look of impulse and correction
Not textbook impulse but looks decent. Expecting some correction
Waiting to see a 5 wave impulse up to turn more bullish
Well, cannabis stocks went through very rough couple years. They all were in accumulation mode for good part of 2019 and entire 2020. Accumulation is done and ready for take-off. Here is why: - Few month ago we made new Higher High with possible Higher Low as of now. - The reasoning behind Higher Low is a consolidation in the area of Fib levels 0.705 and 0.618. -...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
ACB hit my target for this move down. I don't like the look of the move up right now so leaning towards another low ~9.75
ACB invalidates my bullish count. Looking back to my original area of correction.
Still bullish on ACB. always hard to call a bottom. Couple scenarios that point to the bottom being in or close.
ACB looking good so far with nice 5 wave impulse and correction looking to start wave 3 soon
This week let us a nice reyection at 12.27 (aprox), aligned with a nice old resistence now supprt. The RSI have a nice S/R patter too. If your not bullish with the volume + the monster impulse, ok, thats fine haha. So, i'll be waiting for the bear to bull swap at 4h timeframe. to confirm this nice R/R. Remember, it's all about nice Risk Reward oportunities....
Potential bottom for ACB. Looks like a nice impulse so far.
ACB looks to be finishing up a wave C and long correction. Will see how it plays out
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Since the parabolic price movement to the upside which occurred after the stock split ACB has since consolidated into a bullish flag or a descending triangle.