acb.toacb.to : possibility of expanding flat or flat structure for consolidation before mosr upside...needs this pullback to attract more bulls Longby EminiOs3
ACB weak afternoon bounce favours bearsHourly equilibrium on watch, looking for a lower high below the high of today. Weak bounce here favours a bear break and ultimately daily consolidation02:08by McGuireTO12
ACB bulls must break $11 tomorrow morningACB bulls have a new must hold hourly support level, the break of which will signal daily consolidation is on the way05:54by McGuireTO6
Aurora bulls need a break Aurora is now getting close to the oversold territory on a 1day chart , im expecting a pop up to around 10.50 before we do a correction. I will be shorting this correcton . Targets set on chart . If top target changes i will obv be changing my retracement targetsby TheChartSurfer2362
ACB looking to confirm cup & handle bull breakACB healthy hourly consolidation and closed near the high of the day, looking to break Friday's high first thing in order to see continuation. Key weekly resistance to break is $10.0003:11by McGuireTO117
ACB needs to show followthrough on the IB breakDaily inside bar broke bullish today but without much follow through, bulls will have to break the high of today first thing tomorrow with big volume to make that break for real03:05by McGuireTO9
ACB watching for low of Friday to holdPotentialy we've set our daily lower high with a bearish reversal candle on the daily chart. Watching for Friday's low to hold, if it does bulls have a chance again at the high of Friday, otherwise I'd be looking for a higher low above the recent low 8.17. Potential bottomfish opportunity there if CGC isn't consolidating significantly as we approach support04:09by McGuireTO2212
ACB Tightening up.ACB is tightening up into a tight range and may be one to watch for a big move. Leaning towards the upside. Longby underline8Updated 2214
acbacb - will add more over 9 or sell calls... then add to leap call options around 5-.50- 6.00 - 7.00 -7.50 levels not to go agressive because this could still do a leg down...structure seems to be a flat 3-3-5 by EminiOs224
Dotcom bubble vs Canna bubble, Amazon vs Aurora, eye opening I went and compared the 2000 dotcom bubble burst to the 2018 cannabis bubble burst and i think there is a eye opening similarity. I see Aurora as a big player in the cannbiz but their delution on the shareholder will hurt the stock price even more. In my analysis there is a decline of another 50% to come and if you look at the numbers they forcast for their revenue Q2 2019 of 50 Mill. with a marketcap of 5 Bill. USD oh my, then you should absolutely keep a close eye on Aurora. In the future of pot I see them big but for now the investors will suffer some more pain and we might see the 2.50 again. I will acumulate on their way down and hold them for a long. Decline will probably keep going until mid 2019 Just my opinion so make your own resarch and like always May the markets be with you Follow me here and on Twitter @derfreietrader Thanks for your supportby derfreietraderUpdated 448
ACB - Re-Accumulation, ripe for JACVolume profile looks very indicative of a re-accumulation cycle. Stock could have further downside, but everything is indicative that it wants to JAC and move up. Got calls on this bad boy for March 15th. Waiting eagerly for those magic green beans. In Wyckoff We Trust. Cmon let's JAC! www.youtube.comLongby anon5416
ACB respecting support and resistance lines beautifly.Watch for a breakout and then a retest of the blue line for a good entry long or short :)by TheSnowballEffectUpdated 7
Buyers beware"Markets are in a constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"- George Soros Weed has been a disappointing ride for the majority of public investors and almost reminds me of the Facebook IPO. If you look at my past charts you will see I also took a crack at buying ACB @7.60 with a stop at @7.05. One of the reason I like tight stops is when I am wrong say in a buy situation and the market drops I am able to get out then re-assess. You can then wait for depreciation and buy back more shares later using remaining capital without taking any additional risk. The general public tends to hold and pray and I believe this is a huge mistake. Why pray when your money can buy more later? After gaping up from the low of 6.21 volume increases to the high of 8.25 before sellers step in and sell into buyers forcing the market down again to form this double bottom. I believe much of the general public is still long and we will see more pain until the public begins to give up at which point buyers will take everything they sell. I am not selling short, I am standing aside and waiting to see if this plays out. If it does I expect prices to drop near the $4.00 area and sitting tight will potentially offer great rewards. I believe the US indexes are currently in a natural correction which is not complete yet. I highly doubt ACB will get any steam until that is finished.by DKMartel115
Aurora Cannabis Inc. // Long PositionHigher lows - control risk. High reward if trend continues- HIGH RISK TRADELongby UnknownUnicorn3805751Updated 5
ACB ScenarioRecent head-and-shoulders pattern.. Short-term support and resistance in white, if we see an upward break the expected long position indicates upwards to a return of 20%+ and loss of 10%+ depending on limits and stop losses set. Red lines are showing a descending triangle. Bullish based on improving fundamentals and the risk-to-return reward for future growth and revenue. Short-term dependant on these technical breaks, marijuana industry, and global market conditions. Longby mkzinvstUpdated 2
Wait for a better priceGood day folks, Aurora Cannabis has been on a wild ride. There is support at $6.00 and it is likely to be tested again. If this support doesn’t hold, it could go back to breakout price or $4.00. I prefer not to mention the large support at $2.00 as it would be a complete catastrophe for the stock imo, however I would load big time at this price. Until the stock becomes a defensive one, I think its price will consolidate, making up and down, between $4.00 and $8.00. After all, we are heading into recession. Merry Christmas to all! by tipere4458
ACB No change in my outlined resistance and support levelsGOOD morning GUYS!!! WOW... JUST WOW!!! As I have previously mentioned in my previous postings with respect to ACB, my outlined resistance and support levels remain the same. As we can see, we have seen 5 bearish candles this whole week for ACB... reaching my target support level, which is part of the ascending triangle that I have previously outlined months ago. With that said, we may see a small shake out then a reversal going up OR we simply bounce off the support level. Personally, I have bought some ACB's at this point and I am GLAD that I did. Volume remains above average despite of the sell-off but do not view this as some negative outlook. We need this. I see ACB going on a bullish momentum going past 2019 Q1!!! I am the night stalker!! I stalk these charts day and night!!Longby balanar_NS5
ACB daily chart best positioned for a sector bounceACB is holding up well on the daily, and is well positioned for a move should the market see a short term oversold bounce04:08by McGuireTO8
ACB 4hr bear flag setup, low of day on watch tomorrowWatching the low of the day and the high of the afternoon bounce to confirm or negate the bear flag setup.02:51by McGuireTO118
ACB low of today is key support tomorrowWatching low of today for indication our daily lower high is in02:37by McGuireTO447