AURORA CANNABIS INC (ACB) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
ACB
AURORA CANNABIS INC ACB LONG SET UPBUY AT 0.77 & 0.64
SL 0.26
TP.1 $1.40
TP.2 $2.64
Tp.3 $4.20
TP.4 $6.40
When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of Canadian companies that have enjoyed the opportunity to list on U.S. exchanges.
ACB is rejecting from $19 level of resistanceIndeed, the market shares of Aurora cannabis in recent days blew very strongly from the point of view of volatility, the ATR indicator has jumped up from zero very fast. The stock has grown in value. But to judge this chart from the point of view of the interaction dynamics of price and volume is difficult because the market is too "noisy" and specific. Nevertheless, we will try to do the analysis.
Technically, the stock is in an uptrend which is marked by the orange lines. While the price is above the 50% Fibonacci at above $12 level, we need to consider this action from the perspective of bulls.
Level $12 per share is also very strong because we have a large bulb on the right side of the chart, in the market profile indicator. Also in favor of the bulls, there is the fact that the price is trading within the current orange channel.
Everything speaks in favor of growth. However, I'm confused about some facts in the area of $ 19.
The first fact - a narrow spread on large volume closing near the middle and the subsequent deep pullback from the overbought area is a clear sign of weakness (EVRT).
Number two, I outlined SLKT - it's tiny exceeding the previous maximum, which has a manipulative character.
Number 3 was a widespread down bar on high volume. I would have interpreted it as a Bar of Supply (SB).
Thus the signals form the sequence 123, which often could be found on top of the markets. With confidence, I can say that the area of 18-19 dollars per share acts as a powerful resistance.
As you can see, the signals are controversial. Given the weak opening of today's session, I would have preferred the game on the bearish side, because it is the most recent message from the chart. As long as the price will trade lower than $ 19 per share, the uptrend is under threat.
We are at a turning point TORONTO, May 19, 2020 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that it has signed a supply agreement with Medical Cannabis by Shoppers™ ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc., making their certified organic medical cannabis products available via the Shoppers online medical cannabis sales platform.
"We're thrilled to partner with Canada's largest pharmacy network, bringing together TGOD's unique expertise in developing high-quality certified organic cannabis products and Shoppers' unmatched national reach," commented Robert Gora, Vice President of Sales at TGOD. "We share their vision of facilitating access to medical cannabis for patients across Canada," added Gora.
Under the terms of the agreement, TGOD will provide Shoppers with a broad portfolio of certified organic medical cannabis products, including its latest 2.0 offering such as Infusers (dissolvable powder), teas and vapes. The agreement is for a three-year term with a renewal clause for an additional two year
[$ACB] Marijuana stocks are Strong !FR/EN
Tous les majors des producteurs de cannabis thérapeutiques enregistrent de forts gains, pour autant, $ACB annonce de très bonnes nouvelles, et cela plait fortement aux investisseurs :
- Croissance plus haute que prévue du revenu (+35% de hausse ce trimestre - 75 Millions $ Canadien en Q1)
- Production du cannabis thérapeutique parmi l'un des moins cher du marché , 4,33 $ Canadien et ACB continue d'innover pour fournir un produit de qualité à moindre coût.
- la légalisation du Cannabis se démocratise aux Etats Unis - 11 états + Washington D.C ont légalisé le cannabis récréatif + la légalisation totale au Canada depuis Octobre 2018.
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All of the major therapeutic cannabis producers are making strong gains, yet $ACB is announcing some very good news, and this is very pleasing to investors:
- Higher than expected revenue growth (+35% increase this quarter - C$75 million in Q1).
- Producing one of the cheapest therapeutic cannabis on the market, $4.33 Canadian and ACB continues to innovate to provide a quality product at a lower cost.
- Cannabis legalization is democratizing in the United States - 11 states + Washington D.C. have legalized recreational cannabis + total legalization in Canada since October 2018.
Translated with www.DeepL.com (free version)
OGI - Will Continue Downward Trend, Load Up Before Q2 EarningsOGI is one of the most undervalued stocks in the market and the best value Cannabis stock now that ACB has popped.
Anytime is good to buy before Q2 Earnings but it'll likely approach $1 again and then pop on earnings. Probably to similar degree as we just saw with ACB.
ACB About To Go ShortWe have seen an unprecedented rise in NYSE:ACB in the past days (216% since Thursday 5/14). This made the stock be close to the higher limit of top analysts targets. If we take a closer look into the ACB's fundamentals and financial conditions, we expect the stock to go short in the next months. There is low support for such a high rise at the moment, as the stock is at highest levels since February, on the other side there are signs the current valuation is over the realistic financial conditions.
Aurora Cannabis, Inc. engages in the production, distribution and sale of cannabis products. It also produces and sells indoor cultivation systems and hemp-related food products.
AURORA CANNABIS INC (ACB) Analysis .NYSE:ACB is likely to rise to around the 31.5 area , and eventually to the 49-50 area , IF it succeeds to break above the black line and the green line and CLOSES significantly ABOVE the green line with a STRONG BULLISH candle (In the DAILY chart).
5.15.2020 ACB Bullish Divergence with a Hammer Doji on WeeklyLooking good, beat revenue and earnings.
If unemployment is extended thru stimulus, weed stocks should benefit.
-NFA
$ACBThis looks more like a pull back and ready to drop some more as there is no bullish signs.
I would most likely just wait until that green buy box at the bottom.
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ACB - Roller CoasterTomorrow is be BIG confusion for PRO traders in ACB aurora cannabits. Why? Simple, i give tip: Who buy cannabits stock? Pro traders who is high and long.
Don't rely on a pump tomorro, depend on it!
ACB BUY (AURORA CANNABIS INC)Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign because is almost impossible that price go to negative values.
Watch strong price action at the current price for buy.
A Risk I'm Willing To Take. (ACB)Breakout retest for support.
Hope this holds.
If it does, could be nice returns.
Wish me luck!
ACB Could Double IF it Can Break Resistance or Break BelowAll,
ACB is actually quite interesting, if it breaks this downward trend line (purple). However it could fail and go back down to .20-.40 to retest another level before breaking out. Before the virus it was trading in the 1.50-2 range so I think it could a decent bet. Just make sure to set your options correctly etc with stops right below if you think it will explode.
-Monthly and Daily oversold
-In a Supply Zone
I'm Going Long Aurora Cannabis. (ACB)I'm firing long on ACB.
I like the chart setup.
I'm aware of the reverse split on may 11th.
We will see how it plays out.
Wish me luck! 😁
ACB - I've deleted it from my daily watch listThey expect their new shelf prospectus and reverse split to be completed on May 11. Based on last week's market cap, we would be looking at 35% dilution, but after yesterday's sell off, it is getting closer to 50%.
I had a buy box for a bounce play, but for the time being, I will be avoiding ACB like the plague. ACB and CGC, they once were kings of a promised land, and then, it all went bust. My money is safe with APHA, XLY, LABS, VLNS, and the USA based MSO's. Not with Acreage though. Perhaps I sound cynical, but this is a tough time for cannabis investors, and it requires a tough attitude and strong opinion. I act on what I see, not on what analysts tell me. One even suggests ACB is still a buy. Fundamentals and business strategy are key, and both CGC and ACB are lacking, for the time being.
ACB Reverse Split with Immediate Dilution12 to 1 reverse split with a new shelf prospectus to immediately raise $200M. Current market cap $780M. That implies dilution of 25%, directly after splitting. Still, there are people buying at the current levels. Are those shorters, stocking up? I got APHA at recent lows. Earnings on Wednesday. I'm hoping for a killer. Then we'll leave ACB behind, forever.
Rolling Up The Cannabis LoudPack Aye?Symbol: ACB
Cannabis stock analysis, want to see this one play out. Correlate it with the last etf I just shared for cannabis sector health. Hope this helps. Enjoy. 🤠
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