This might be a long analysis but let me explain why this stock will go higher than Seth Rogan on 4/20. The stock market and the cryptocurrency markets continue to trend up and we are starting to see companies in all sectors start to break out. This stock is an amazing opportunity because it recently dropped 17% to 1.65 based on FUD. Do not let FUD news influence...
Aurora has formed a bullish bottom triangle on the daily chart. price seems to have reached a bottom hinting at a possible reversal in price.
So far Bullflag confirmation seems imminent . Looking for further confirmation Currently entry position is at $1.90 (A strong support line) A lot of potential for the upside
A pattern with divergence has formed. It is also a very strong support (see the chart below). Buy the break of the neckline, stop below the shoulder or the head for more conservative traders. Good Luck!
Last time we were in overbought territory on the daily RSI was 10 months ago. This has been the largest downtrend in the stock's entire history. Currently trading under a death cross for quite a very long timenow. So why long now? Not only has it bounced off the major long-term support line (green), it seems to be forming an inverse head and shoulder at the...
Cannabis stocks have been gaining from the start of this week. Technical analysis RSI has been trending upward, but OBV has not, creating a bearish divergence. /Bearish We saw the same three candlesticks ending on November 21st, 2019, leading to a strong pullback. (Red circle drawn in chart). /Bearish Fundamental analysis Since May 2019, cannabis stocks...
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!
Aurora Cannabis (ACB) reached accumulation zone. Price reached a price where it became to risky to go short. After short comes accumulation followed by long. I'm not a Aurora costumer however I believe the legal market just starts to grow now.
I have recently shared my views on NYSE: ACB Aurora Cannabis, now I wanted to comment on the latest price target of $0 and "Sell" rating from analyst Gordon Johnson from GLJ Research ... I let you make your own judgement, but this is the guy that called for a price target of $109 on Tesla when it was trading at $244.10 back in May 2,2018 .. that was a 64% downfall...
Clear inverted descending scallop (inverted letter J). Low success rate in bull markets (11/52)
Giving $ACB another chance. Bullish div + buying zone reached. Boxing day sale, Price to book at a discount.
Well, watching the shorter 1m, 5m and 15 min charts, I need to take profits off the table back to neutral until the bulls really show up. Bounce players would not be overly convinced here until new short term resistance at 3.03 and $3.07-$3.08 is broken. We have short term support at $2.82. I fear that on any sector or market weakness, the bears will pie drive...
Title says it all. Bullish bat. Max financial opportunity with this bottom. Enjoy
Bubble's popped, reversal in motion. Lets ride this pot $ACB wave !
From a technical standpoint, this seems like the most probable outcome.
Levels of interest to me are indicated. /* Not trading advice. All ideas are explicitly not recommended for trading */
At first look ACB appears to be putting in a Giant Topping formation however with closer look I have been able to see its true intentions. First we have class A bullish divergence on MACD histogram and hidden class B bullish divergence on RSI. e Also we have a possible strong reversal setting up, due to the very similar nature between ACB Weekly chart & and Adam...