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Another lockdown can bring it to 7.50$ then possibly to 1$ for the ultimate buy
NAT is very close to the reversal point at 3.25$ and 2.5$
Every 4 - 5 months theres a surge in NAT stock price
Equal measured move, retesting 0.40$
5% FIB from all time highs, is a 3$ retest for Akorn
Stopped at 200 & 50 Weekly MA
And death cross coming soon
Major trendline support
Take Profit: 165$
Equal measured move
Stop loss 138$
200 Hour Moving Average and previous support
61.8 fib level and 100 day moving average resistance incoming
2 target prices...
Fib 61.8 & Fib 161.8 take profit levels
Fib levels are acting as strong support and resistance, is likely to start going down the fib ladder like a basketball.
Also we have a trendline resistance from the last few weeks.
Crude oil is almost near support levels
19$ and 12$ are previous lows
Next Entry level for Aurora is 1.14, lowest level since Nov 2016
ACB is going to 8$ this year.. 0.618 FIB retracemet
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!
We are on a 2.618 TIME FIB of the 2 previous pre-market crashes
The equal measured move takes us to 3470
Most probably is the last rally before the crash
& still holding the 20 day MA
NIO is still above 20 Day MA & upwards trendline
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!
Either trendline break (blue or red) will send us upwards or downwards.
We're looking at either going around 1.7$ or to 3.7$