dburke44

Have we finally busted out of the downward Channel?

dburke44 Updated   
TSX:ACB   AURORA CANNABIS INC
Morning will Tell. In my opinion yes. Weed and the others should drag ACB out. I drew the white and Yellow Lines back in mid March and they have held up until now. ACB did drop back down just inside the channel but a great open should turn that yellow line into resistance. I wouldnt buy this one until that is confirmed. You are looking for a break of 8 and a retest there. I will be looking to buy on the second touch of 8. Looking at the daily between 8.15 and 8.20 we should see some resistance followed by 8.50 and 9.00. I think this is still the weakest of the Big 4 right now and there are better choices. A break and hold of 8 should see a nice green day if we cant bust through or lose 8 expect it to sink.
Trade active:
BIG UPDATE!!!!!

CRON same channel as APH and ACB only a day ahead.

CRON:
APH:
ACB:
Same downtrend same sideways action.... Same Breakout? Ill be watching.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.