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...
Indicators all showing reversal. 80%+ correction complete. Major support in 1.5 region.
NYSE:APHA TSX:APHA Bullish and going up only!
Request. The sell off continues to a reset. No sign of trend reversal yet.
Hello Traders, Today’s chart update will be on ACB – Aurora Cannabis INC, which is in a severe down trend that has been respecting Fibonacci extension levels. Price is currently testing a critical technical level that needs to hold to avoid capitulation… Points to consider, - Strong establish bear trend - Support being tested - Structural resistance retest...
Hello Traders, Today’s chart will be on ACB – AURORA CANNABIS INC, respected trend line perfectly! Points to consider, - Trend overall bullish - Broke resistance, now potential support on re-test - EMA’s turning bullish - Stochastic showing upwards momentum - RSI broke its resistance - Volume starting to increase - Next local resistance areas are the...
Hello Traders, Lets have a look at CGC - Canopy Growth Corporation Points to consider - A clear Triple Top - Overall trend putting in higher highs - Stoch in lower regions - RSI coming into a tighter pattern - Volume declining rapidly - VPVR showing low volume of transactions after this support - EMA's giving price resistance CGC has had a strong bull...
Rookies take: I'll go ahead and presume based on my personal analysis that the momentum was shifting toward upside before being rejected by the bears. Continue to look for movement back toward resistance and watch for "the move".
Canopy Growth Corporation is on strong long term bullish price action both on 1W (RSI = 58.856, MACD = 4.873, Highs/Lows = 2.6189) and 1M (RSI = 66.122, MACD = 12.099, Highs/Lows = 7.3414). Since mid 2017 in particular, it has been trading on Higher Lows reaching +1000% in growth. Using the Pitchfork to identify the pressure zone, we estimate that the asset is...