Today's trading had a hard pull-back after a 7% run-up. We're on multiple days green, with an exhaustion candle on the day. The wick is pointing upwards, which could signal continued volume and price momentum. Volume was HUGE in the last hour of the session. Will be intriguing to see what this does tomorrow!
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AURORA CANNABIS INC. (ACB): A Formed Cup & Handle Preceding New Impulses Waves? It seems so.
-Aurora Cannabis (ACB) reversed to the upside.
-We heard Aurora plans on share buybacks reducing dilution.
-Media coverage and legislation may raise eyebrows.
-Anticipation of Fiscal Q2 2019 may drive price up.
Will this breakout through the resistance around 12 or will bears take over and drive price back down? Im optimistic and feel we can break the ...
(Due to some confusion about my previous ACB charts I have decided to make another. My previous ACB charts were reflecting past price action and time relation and how they could correlate to predict the time period in which we could see new highs.. It was not reflecting an exact target price as some have thought which I will clear up here. Sorry about the ...
Couldn't help but document my thoughts. Everything about this setup is screaming that there is a much larger wave wave to come, 7-10X from recent lows. It may bounce up and down through next couple earnings announcements, however give them 6-12 months and I believe they are going to be reporting enormous growth. Hopefully shares do not get too diluted as they ...
In this chart we can see the over all price action ACB has experienced within roughly three years. I have noticed large pockets of price consolidation lasting from around six to twelve months forming wedges with strong surging breaks upward. Overall Aurora Cannabis has been in a strong surging uptrend, but is very volatile. Currently ACB is sitting at its lower ...
www.tradingview.com Cleaned up my previous posts target period)
In this chart we can see the over all price action ACB has experienced within roughly three years. I have noticed large pockets of price consolidation lasting from around six to twelve months forming wedges with strong surging breaks upward. Overall Aurora Cannabis has been ...
ACB has not recovered yet from the bear pattern clearly, continues in a high lows, this is not intended to make any trading advice, i'm not an advisor, do your own conclusions.
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NYSE:ACB
