Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
Aurora Cannabis (ACB) closed at $6.98 on Sept 11, meeting 2 previous support Lows. Fibonacci ratios and Elliot Waves on this chart fit quite nicely. Key points for a BULLish trend over the next 6 months: Key Support met again. History tells us a breakout may be on the horizon. Declining volume on the downward trade indicates a possibility for a breakout...
It seems to me that ACB will increase in the next few minutes. Anyone who needs an advisor, I'm on duty. Note: (When I set the target and stop loss in a number that does not mean that the price will reach it, I only gave a buy or sell signal according to the analyzes that I performed in the chart and I delete it later, in order to share it with you so that you...
NYSE:ACB Aurora Cannabis has a strong chance of a bounce back based on multiple factors: 1. Falling wedge (bullish pattern) 2. Strong support in $9.50 area 3. D1, H4, H1 oscillators in the oversold area. Based on those factors it is a good setup for a long position with: entry at: $9.70 TP: $13.22 (which is a level near 200 EMA) SL: $8.86 Risk/Reward ratio: 1:4.25
Well, cannabis stocks went through very rough couple years. They all were in accumulation mode for good part of 2019 and entire 2020. Accumulation is done and ready for take-off. Here is why: - Few month ago we made new Higher High with possible Higher Low as of now. - The reasoning behind Higher Low is a consolidation in the area of Fib levels 0.705 and 0.618. -...
Hi there. Price is forming a continuation pattern to the upsisde. Wait for the price to complete the pattern and watch strong price action for buy.
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.
we will touch the green line fib 0.5 which is 32.33. the red line wave 1 of wave A which is 55.87 COULD be touched
Bullish flag, compression, ready to breakout?
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...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
BUY AT 0.77 & 0.64 SL 0.26 TP.1 $1.40 TP.2 $2.64 Tp.3 $4.20 TP.4 $6.40 When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of...
Indeed, the market shares of Aurora cannabis in recent days blew very strongly from the point of view of volatility, the ATR indicator has jumped up from zero very fast. The stock has grown in value. But to judge this chart from the point of view of the interaction dynamics of price and volume is difficult because the market is too "noisy" and specific....
NYSE:ACB The Market has been bearish for the last months and I was not able to find any reversal signal, this is the reason why there is the 40% possibility that the market might keep going down. The option A is valid if there will not be any reversal signal of the market. The market should keep going down. Let's see if in the next days the pries will form any...
NYSE:ACB is likely to rise to around the 31.5 area , and eventually to the 49-50 area , IF it succeeds to break above the black line and the green line and CLOSES significantly ABOVE the green line with a STRONG BULLISH candle (In the DAILY chart).
It can be seen as long term investment. It looks like there might be a signal to go long based on Technical analysis
Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign because is almost impossible that price go to negative values. Watch strong price action at the current price for buy.