ACB- Dead-cat bounce
In range-bound market, bottom reversal happens far less often than when the market is in the clear uptrend.
However, if Aurora's monthly POC holds up, it's not hard not to see at least some relief bounce from the stock that's so beaten down.
That being said, there are better marijuanas stocks out there. Aurora is only good for swing trade.
Invest in MJ ETF for more conservative approach (Refer to the chart attached below)
Proceed at your own risk. Allocate only the small % of your capital and set the tight stop loss.
Not the financial advice
However, if Aurora's monthly POC holds up, it's not hard not to see at least some relief bounce from the stock that's so beaten down.
That being said, there are better marijuanas stocks out there. Aurora is only good for swing trade.
Invest in MJ ETF for more conservative approach (Refer to the chart attached below)
Proceed at your own risk. Allocate only the small % of your capital and set the tight stop loss.
Not the financial advice
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