AURORA CANNABIS INC

TSX

ACB

ScotianBot

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.

TRIP_00

Falling wedge broke out on 1HR and retested support.

mgauthier

Curious to hear everyone's comments on how to interpret this last candle? Huge volume with no price movement.

franklincapital

It seems a little strange that all of the mainstream MJ stocks have all started back up the ladder as of 13 May 2020....not sure why these are all lined up but I am liking the CALL action!!

ScotianBot

ACB has been on a nice bullish uptrend since the 12 for 1 stock split, that was a great move on their behalf, however, it is interesting to see them buy a U.S asset & issue shares immediately after lol. An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in...

FalconM89

I remember at the very beginning of legalization after Trudeau got elected, I thought this company had potential. I examined them closely but decided to sell them at $0.42 because I did not like their management. Sure enough, shortly after the stock rose to 1.00 then 2.00 and so forth. I had already moved onto Canopy, Organigram, and Aphria. And I will say this,...

06:10

mnovo

will it fully recover? highly doubt it. but it is on sale...

CopperMaiden

Let's watch and see where it goes.

Jahcreamer

WE GUNNA YEET OR BEAAT THE MEAT

13:01

mnovo

Cannabis Sentiment

I0_USD_of_Warren_Buffett

All comments and likes are very appreciated. _________________________________________________________________________________________________________________ Fair Value and Profit Drivers | Our fair value estimate for Aurora is $6 per share, assuming a 1.33 CAD to U.S. dollar exchange rate as of Feb. 13 and based on a DCF with a 10-year explicit forecast. We...

cozzamara

Hi Guys, I am not into stocks but this "new" age industry grabbed my attention. IMHO ACB is at a very low level above 1.55 CAD. Price sky rocketed at the end of 2017 before 2018 US Farm Bill was approved. Following the hype and 18 months of high volatility, price commenced a steady 9 months dive. Today we are at same level when the company was quoted. ACB in...

Cuyut1031

Price action in the MJ Sector are known for their extremely quick movements and the euphoria is short lived as retail traders take their profits. A quick and massive short squeeze plus hype from overall market sentiment is what it will take for this movement (Since much of the traders of ACB are retail traders). Historically it has done exactly just that. Waiting...

hxmza03

ACB has had a tough time lately along with the entire cannabis sector, but things are looking good going into 2020. ACB has just hit a critical support level and has shown a slight bullish trend. The previous drastic price movements were largely due to hype as the company was still stabilizing, but now they've been in the game for a while and are ready to make...

hustler101

Aurora is a good gamble, it cannot go much lower Fundamentals suck now, but this stock has shown to go on massive pumps. Wait for the pump!

StellarFreedom

Giving $ACB another chance. Bullish div + buying zone reached. Boxing day sale, Price to book at a discount.

derekh42

2.5 CAD is seeing lots of support may see a huge bounce here. speculative Buy. do your DD

hustler101

If you really wanna play it safe then wait until it hits 2$ CAD. However a better strategy would be to buy at 3$ and then buy down at 2$, making your average buy at 2.5$ Easily double, triple your money next year!