AURORA CANNABIS INC TSX:​ACB

This additionally proves that 24% fib is a thing as first shown in the hempco graph linked. Also looks to have completed ABC correction which could ultimately be a bullish signal. look for a good buying opportunity around 6.75 (I might enter higher manually) when it tries to fill that gap from 6.50 to 6.88.

No one can predict what the market is going to do. But for my amusement, assuming the equal measured moves repeat themselves. We won,t see much over 10 bucks by profit-taking season. (Nov/Dec).

Looks pretty oversold here. I'll explain later because i don't have time/ I had a chart previously made up but I must have deleted the drawings

ACB. has broken the downtrend and is now positioning itself for an uptrend. Based on the Fibonacci retracement, we should be seeing north of $7.00 in the coming days/weeks. P.S: This is personal opinion, and is for educational purposes

The death cross is staring us in the face! stocks usually start a horrible down trend after you see this and that's why acb broke support at call it 7.15 stocks on downtrends never really become too overbought so acb seems like a chart I would stay away from. my opinion is see acb testing the back side of the 50 day moving average at around 7.15 I honestly don't ...

Risky swing trade, but I think this reaction is just panic selling from the news yesterday. A lot of people are holding a bag right now, so when the news hit they freaked out. A lot of new traders attracted to weed stocks. It was also hovering around $3.00 before they made all those acquisitions The volume was unspectacular relatively speaking. Funds have ...

everyone and their dog in canada talking about pot stocks pumping after legalization

While TSX:ACB is sitting at a new support of $7 - buyers are looking for a new avenue while production lags behind the Oct 11th date. While FOMO locks into place we will see a new entry around $5.50 and maybe as low as $4 before the new year and before production starts. LEAFers are still waiting for new shares. Dilution is good.

All indicators are extremely oversold, MACD showing bearish sentiment, however, we believe this to be a fakeout. Expect a strong Bullish reaction week ending. We expect bullish break up to 8.30 - 8.55 per share. The need for reassessment will be performed once certain price points reached.

Historic RSI levels correlation to Price Action on ACB

As much as I like the company, the current price is high. This trade is a basic "Buy the rumor, Sell the news" play. I shorted at 9.70 and have an exit zone of EMA 26 Low exit trigger and 8.06 as the target cover price. I will be watching morning volume, price action, and momentum, to confirm exit price. This also applies to my Stop Loss/Break-even zone ...

ACB broke a key support line at 7.11, will probably head lower to 5.21.

been waiting to find support at 6.00 there to confirm my theory on a large descending wedge from recent highs. you can see the pattern so don't rush into a buy. buy when there is blood on the streets like yesterday, on or near the button line. use stop losses these bears are strong. when trading don't get greedy :)

My last trade failed due to bear pressure I was able to get out at 9.50 for a couple hundred dollars profit. rebought and 9.00 and resold at 9.12 for 1200 dollar day trade. the Bear pressure is huge the shorts have locked up some huge positions recently and with selling pressure we close below the daily 50 Day Moving Average. I think the bears will push it down ...

Should be supported near 6.40 $ACB.CA Aurora $ACB.TO

long term downtrend has been created. we are very oversold so long positions a re rebuy is 5.97. the shorts will want to break 6 but I believe the bulls will recover a bit by Monday. Thursday and Friday is most likely going to the bears.

Aurora is reaching a nice extension from the previous bullish swing and is currently oversold on multiple smaller timeframes. The Stochastic has already crossed bullish at the bottom and bears are exausted. A minor move to raise the weekly close may be seen today. If not, I will update new targets. The RSI hasn't been low very often this year so a bounce is not ...

"ACB announces it has received shareholder approval at a special meeting, held today, for the issuance of shares in consideration for the planned acquisition of MedReleaf Corp. ("MedReleaf"), a well-known Canadian Licensed Producer based in Markham, Ontario that delivers premium medical cannabis products to domestic and global markets, and compelling brands to the ...