ACB updateACB hit my target for this move down. I don't like the look of the move up right now so leaning towards another low ~9.75
ACB
Don't get high too much, listen EngineeringRobo!If you listen EngineeringRobo, you already saved up to %94, that means if you had $100.000, your investment dropped as low as $6000.
As of now, I'm a bearish since the candles are still under my down trend line. I will have to think twice if I want to buy again.
If it will break my down trend line, I will be following EngineeringRobo's next signals to take action.
You can also consider to buy at the support levels ($8.85 or $5.30).
ACB - Ending Diagonal for Wave CAbout to complete, be on the look out for a bounce. Potential bottom target anywhere between $10.90 and $10.35. Trend based FIB retracement based on waves 3 and 4 suggest a target of wave 5 of $10.50.
I'm expecting to see some buying, with earnings coming early August. Longer term, this stock may recover to the $50 range.
ACB close to invalidatingStill bullish on ACB. always hard to call a bottom. Couple scenarios that point to the bottom being in or close.
ACB Looking 'up'?It has been a long time since I was bullish ACB. I think we may be looking at a completed correction, and a leading diagonal for a motive wave 1.
FIB says likely this will end at $13.20 resistance, after which we would be looking for a wave 2 correction down. Lots of time to assess, I would say, but if this plays out, we will soon be buying into wave 3 for a sustained rally.
ACB bullishACB looking good so far with nice 5 wave impulse and correction looking to start wave 3 soon
ACB Aurora Cannabis acumulationThis week let us a nice reyection at 12.27 (aprox), aligned with a nice old resistence now supprt.
The RSI have a nice S/R patter too.
If your not bullish with the volume + the monster impulse, ok, thats fine haha.
So, i'll be waiting for the bear to bull swap at 4h timeframe. to confirm this nice R/R.
Remember, it's all about nice Risk Reward oportunities. Trading its about reaction not preditction.
Cheers
ACB is today the day?ACB looks to be finishing up a wave C and long correction. Will see how it plays out
ACB correction count since impulseShowed my overall count for this correction and updated my count slightly. still looking for it to bottom in ~9.6 to 11 range. Waiting for an impulse to turn bullish
ACB close to Wave C bottomACB looking close to bottoming in this 5 wave C move. Will turn more bullish if see impulse above 12.
ACB Temporary BottomIt looks like the initial correction is finished, with the first gap closed. Currently looks like a triangle. A bull break now, would probably only occur on news. The broader cannabis industry looks like one final pull back, which would also drag down ACB, possibly for the last time to these levels. It isn't to say that a bear break would send it deep down though. I see potential supports at $11.33, $10.20 and $9.84...
ACB correcting little moreACB looks close to me for a C wave bottom in this correction based on my counts.
ACB - LONG SETUPACB . BREAKOUT OF BULL PENNANT THEN BACK TEST. LOOKS LIKE PRETTY LOW RISK ENTRY. ALSO DOESN'T HURT THAT THEY RAISED PRICE TARGET AT ONE FIRM TO OVER 21 DOLLARS.
Cantor’s Pablo Zuanic maintained an Overweight rating for Aurora Cannabis, while raising the price target from 27 Canadian dollars ($19.89) to 29 Canadian dollars ($21.37).
ACB BUY (AURORA CANNABIS INC)Hi there. Price is forming a continuation pattern to the upsisde. Wait for the price to complete the pattern and watch strong price action for buy.
$ACB Bullish Pennant Breakout$ACB Bullish Pennant Breakout
See chart for possible near term targets
Note: Not investment advice.
Bullish Flag or Descending Triangle?Since the parabolic price movement to the upside which occurred after the stock split ACB has since consolidated into a bullish flag or a descending triangle.
