MysteriousPersian

patience is key, buying opportunity coming up!

לונג
TSX:ACB   AURORA CANNABIS INC
ACB flat-lined a bit as described in the post linked below. making a small consolidation and is now starting a retreat to a hopefully oversold price (maybe sub $7.00 hopefully).

I want to draw attention to the big head and shoulders pattern that has formed. If the price were to break under $5 Id be very worried for the long term outlook for this stock. That being said I'm bullish on the weed market still, and i'm betting on a strong refusal of this pattern given the current bullish state of the Canadian marijuana market.

This is a long setup but short term short.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.