I want to start off by apologizing for lack of data analysis and a bad call on my past idea as ive now completely flip flopped and am on the bull wagon for this stock. I would like to see a drop down to $81 even then we pick this bull parade back up all the way to the mid eighties. Im seeing positive volume pick up and solid setup to crush resistance levels.
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Could be a good time to buy puts and wait for a 1-2 dollar pullback before it trades sideways for a week or two. I believe it to be exiting its bear cycle but not currently ready to make any great leaps.
Where $ACB is currently resting is a toss up at whether its going to maintain its past bullish trend and keep up with the rest of the industry or it will slip into a bearish next week, either way I am confident we will see $10 Aurora by the end of April. However what I am concerned with is whether it will fall to the past $8 support level before taking off again.
Been watching this stock for a few days now and relieved at satisfying earnings report yesterday and optimistic for a bull run to follow if they are approved to begin developing improved medical equipment such as masks that are specifically designed to deactivate the SARS/Covid virus upon contact with the molecule. INTERESTED? please look into it and do your own...
ACB might be showing head and shoulders chart and could fall to previous support of $8
Just picked up PLTR contracts dated to March 19th expecting this breakout.