Long
ACB Primed For Breakout Before Earnings
ACB looks primed for a breakout after breaking it's wedge to the upside, which I believe it will close above today. There's also ~18% short interest which could result in a considerable short squeeze. I believe ACB could run to ~$20 or higher during this run, with much of the run before earnings next week. I picked up March 19th $20 strike calls for <$1 today in case there's a prolonged/exponential move to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.