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Aurora

Dotcom bubble vs Canna bubble, Amazon vs Aurora, eye opening I went and compared the 2000 dotcom bubble burst to the 2018 cannabis bubble burst and i think there is a eye opening similarity. I see Aurora as a big player in the cannbiz but their delution on the shareholder will hurt the stock price even more. In my analysis there is a decline of another 50% to come and if you look at the numbers they forcast for their revenue Q2 2019 of 50 Mill. with a marketcap of 5 Bill. USD oh my, then you should absolutely keep a close eye on Aurora. In the future of pot I see them big but for now the investors will suffer some more pain and we might see the 2.50 again. I will acumulate on their way down and hold them for a long. Decline will probably keep going until mid 2019 Just my opinion so make your own resarch and like always May the markets be with you Follow me here and on Twitter @derfreietrader Thanks for your support
TSX:ACB
by derfreietrader
4
If you want to invest into cannabis? You might like Sunniva! The cannabis sector is like the dotcom or the tech boom that went from explosion to implosion. Now it starts to get interesting in the new market. The extreme speculative and euphoric time is over and now it begins the value pricing. I guess there will be one more leg down and then the blood is all over and real investing begins. Companies like Aurora, Canopy or Aphria had their times and other players will start to attract investors money. And in my opinion it is time to start looking at a company that is called Sunniva Inc SNNVF. They are close to finish phase 1 on their California Cannabis Campus and they already have a signed contract to deliver 45.000 kg of Cannabis to Canopy Growth in 2019. They just started selling in Cali and as you might know, this will be the biggest market for the medical and recreational products in the world. I took my first position in the 2.30s and planing to accumulate more when it dips into the 2.50 area, if this might ever happen again. But this will be a mega growth story cause they missed the whole ride in 2018. They had their IPO when the bubble was already so overextended and they just jumped up to around 16$ from 7.50$ within a few days and then started to fall like a rock. Also they are not listed on a major us exchange and that makes them a not much recognized player. This will be the biggest story to come in 2019 like Tilray had in 2018. Sunniva has only around 45 Million shares and that will cause a hell of a ride when people really start to realize what it is all about with this company. www.sunniva.com Just my opinion so make your own research And like always Mai the markets be with you
OTC:SNNVFLong
by derfreietrader
ACB - Looking at the bigger PictureDear Traders, This TA is strictly meant for swing traders. Looking at the weekly chart of ACB, we can see that the bears are in control. Price action is very close to a critical point in my opinion. If the bulls fail to support at the 100 moving average located at 5.22$, we could see a drop to the next support located at 4.07$, and if that one doesn't hold, then we could see a huge drop back around 2.65$. In my opinion, the hype around Aurora is over, there might be some serious selling if they don't release some good news. With the negative vibe hanging in Canada about shortages... If the bulls manage to run up above 7.41$ then we could see a whole different scenario. Let's see what will happen the next weeks. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
AShort
by Raw_Blitz
TGOD - BREAK UP or DOWNDear Traders, Let's have a look at TGOD. Price dropped like a dead mouse before, but TGOD did create a nice bounce which I predicted in my previous TGOD TA. Now the question is will it create another run, or will it drop to a lower low. Looking at the chart and the indicators there is more reason for it to drop then to break out if i'm being really honest here. RSI shows bears are in control, so does the MACD Histogram. Price action should break above 3.71C$ in order to show that the bulls have taken over power. However, if the bulls can't maintain to support at 2.98C$, then we will see another drop to around 2.84C$ and if that doesn't hold, 2.45C$. Let's see how this will playout on Monday. Really good news would enable the bulls to breakout, but without news, and with the sector falling, TGOD might see another drop sooner than expected. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
TShort
by Raw_Blitz
ORGANIGRAM - Back to the buy zone?Dear Traders, As we can see on the chart, Organigram's Bears were in control. Bulls did form some kind of Buy Area, located around 5.18C$, the 200 moving average indicator. A comeback into the buy zone wouldn't shock me, just to shake out those last bear hands, and to head up higher? Or will the bulls fail to take control and the price will drop under 5C$? Looking at the chart right now it looks like the bears are still in control. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
OShort
by Raw_Blitz
MEDIPHARM - Looking Beatiful!Dear Traders, Medipharm is looking like some sweet honey on a goat cheese cracker! They announced some pretty nice things this month, they obtained their License and the day after they announce a Partnership with Supreme Cannabis! They will make sure Medipharm is equipped with the best High Grade Cannabis you can get to let medipharm create High Grade CBD Oils for the market! Looking at the Daily Chart, We can see that Medipharms shows bullishness! Price action is now located above the main moving averages, so any entry around 1.50 is a pretty good one imo. With a stoploss under the 55 ma (blue line). All Medipharm needs right now is some more vol! This stock could easily hit the million in volume, but it just needs more investors. Let's see how this will playout on Monday. Will we get news again this week? Are more investor going to join? Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
LLong
by Raw_Blitz
ACB - What's next for Aurora?Dear Traders, ACB has been showing ups and downs the last couple of days. Earnings showed growth but a lot of investors were skeptical and that was seen in the price action. First I'd like to start about the vol indicator on this Chart. It shows a potential Curve, which would mean that we in exactly at the lowest point of the curve, low volume, not a lot of buying power, but not a lot of selling power either. On the chart you see that i've drawn a big green line, that represents the bull's breakout line. if the bulls manage to push it above that line it could create a potential run to a higher resistance point, which, if that was the case, the bulls would have to break the resistance at our 55 day moving average (55 MA) located at 8.86C$, if they succeed, price action would likely go to around 9.25C$ (100 MA) and 10.58C$ after that (200 MA). The other scenario is me thinking about that Curve previously discussed. If we were indeed at the lowest point, that means votality would be low. One thing I do know is that price drops faster than it goes up. So keeping that in mind, ACB could also drop lower. Our Support are is located around 7.93C$. Bulls need to manage to keep the price above it in order to stay bullish. If they fail, we might see a drop to around 7.24C$. Let's see how this will playout on Monday. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
TSX:ACB
by Raw_Blitz
ACB surges on Jeff Sessions' ResignationBig move today following a tweet buy President Trump that he has accepted the resignation of Attorney General Jeff Sessions twitter.com This came after a clear hourly bear break across the sector singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely watching for the hourly trend to change as the daily chart is very over extended right now Key levels for tomorrow: S: 9.59 R: 10.75, 11.29
TSX:ACB
by McGuireTO
2
ACB hourly equilibrium on watchThe oversold bounce is starting to feel toppy with a bearish reversal candle on the daily and declining volume. The high of the day rejected from the 100MA and we're in an hourly equilibrium now to determine if we're going to see bounce continuation or set a higher low on the daily chart. I would also look towards Canopy for clues on how the sector leader breaks. Key levels for hourly eq: S: 8.63 R: 9.12 _____ For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and affects every stock you own.
TSX:ACB
by McGuireTO
ACB - Time for a reversal ?Dear Traders, ACB took a huge hit, but i'm happy that thanks to my previous TA I expected a big drop. I saw a Bearish Divergence and I stayed far away from ACB, WEED, TGOD and APH. But i decided to have a look because a reversal in imminent at this price. On the 1hr chart I see a Kangaroo Tail which is a bullish pattern, and I also see that my histogram is showing a Divergence, a bullish one. I think we might see a little uptrend towards 8.90C$, which is our 21 ema (Resistance), if that breaks, we should see a run towards 10.25C$ which is the 55 ema. Let's keep an eye on this one tomorrow.
TSX:ACBLong
by Raw_Blitz
2
Aurora bulls buy the gap down openQuick updates tonight. ACB had a big gap down and giant bounce in the first 30 minutes of trading, and remained in an hourly equilibrium for the remainder of the day. Bulls made an attempt at a new high of day in late afternoon but came 4c shy of resistance. The end of the day saw SPY with big bull move finishing up near the high of the day on the strength of both the tech sector and financial sector, while Canadian MJ was unable to derive any momentum from the this move. That does give some reason for concern with bulls being so close to resistance but unable to break it. Tomorrow first thing the bulls want to break our two hourly resistances in order to see bounce continuation. Failure to do so a second time would be a red flag. Key levels: Support: 7.55 Resistance: 8.16, 8.20 If the bulls find the momentum to break this range and see continuation on the hourly bounce, we would look for a 4hr lower high compared to 11.29. There are numerous hourly resistances on the way up to that level, giving Aurora several more hurdles that Canopy and Aphria don't have to deal with. _____ For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and the market has been showing significant weakness over the past four weeks. This correlation affects every stock you own.
TSX:ACB
by McGuireTO
2
Aurora nears daily oversoldACB continued its recent pattern of lower lows, dumping the whole day and closing down over 16% in one of the most stand-out bearish days this sector has seen. There is no doubt in my mind this weakness is in large part to the overall stock market dumping for the past four weeks, so be sure to keep an eye on the correlation to SPY. We've now given back 80% of the run up from August 14th to all time high over the past 10 trading days. Where we stand, Aurora has a lack of support here. Regular readers know I anticipated a bounce before our key weekly level 7.65, which we broke today by 10 cents. This was very unlikely to happen, which speaks to just how weak this chart is. The daily RSI is approaching oversold, and is the lowest level it's been since August 14th. I'm now anticipating an oversold bounce. Why do I anticipate a bounce in the very near future? RSI levels on multiple timeframes are currently at or near historical bounce levels: Daily - 30 4hr - 21 1hr - 21 If you did not stop out on one of the bear breaks over the past two weeks, now isn't the time you want to sell your position. Instead, you probably want to wait for a bounce to get underway, as we are likely to see at least a couple days of follow-through. Of course, if your mindset is to hold your position for years, then stop checking the price every day or you will drive yourself crazy. In my opinion, the bounce will not start until the CGC bounce starts....which will not start until the S&P bounce starts. If you are one of the people who have asked me over the past couple months about a good time to buy Aurora, these conditions are ideal for starting to SLOWLY scale into a long term entry you plan to hold for years. Just be sure not to invest all your money at once. Keep in mind we have no more upcoming catalysts for the sector, and the correlation to the S&P500 could mean several months of continued downside for ACB. I'm looking at the 1hr chart right now for our levels. We remain in a downtrend with clear lower highs and lower lows Key levels to watch for trend change/continuation Support: low of day 7.55, 6.67, 6.07 Resistance: 9.38, 9.88, 10.07 While Canopy and Aphria have a lack of resistance once they clear their two levels, Aurora has many more resistance levels to deal with. _____ For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and the market has been showing significant weakness over the past four weeks. This correlation affects every stock you own.
TSX:ACB
by McGuireTO
ACB trying to hand on waiting for Canopy's breakAurora has a much weaker setup, and looks clearest to me on the hourly chart. Unlike Canopy, Aurora has broken down to lower lows although bulls are still buying the dip so far. Friday closed with weakness heading back down towards the end of the day. We remain in a clear hourly downtrend with lower highs of resistance on each little bounce. The bear breaks on the hourly chart have so far been met with little followthrough as Canopy remains in its equilibrium. This correlation favours the Aurora bears; if Canopy breaks bearish, Aurora is well positioned for greater downside because of how much weaker the chart currently is. ACB is also down close to the golden pocket retrace from the low of its August consolidation to new all time high, but has broken below the .65 unlike other names with stronger setups Key levels for Monday Support: 9.00 Resistance: 9.88 _____ For anybody looking at any individual stock it is imperative to keep an eye on the overall market. The correlation of every individual name and sector to the market is very real and the market is showing significant weakness over the past three weeks.
TSX:ACB
by McGuireTO
4
ACB - Showing Bearish Divergence !Dear Traders, ACB had another run yesterday at the opening but as predicted a huge sell off happened. I hope you followed my advice to not enter any trades yesterday. We can see that ACB shows us a Bearish Divergence on the weekly chart. We got higher highs, but the RSI peaks showed us lower highs. Bulls are exhausted and we are now entering a consolidation period. Any thoughts ? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
TSX:ACBShort
by Raw_Blitz
18
CREE - Keep your eyes on this sleeping monsterDear Traders, Bears were in control for a while but not anymore. Bulls managed to push this baby quite a bit and now it's time to see how powerful those bulls are. Is this stock going to pierce through the 200 ema ? RSI is overbought but this is normal which such a run, daily RSI looks sweet. Let's keep an eye on this one. If the bulls manage to break the 200 ema, we will see a run. Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
C
by Raw_Blitz
TGOD - Bearish ChannelDear Traders, As we've seen before, my Support line didn't hold and TGOD's price broke underneath it creating a newer low. Even with the great news, TGOD received the 16th of October, the bears are still in control, But for how long? The bulls have to pierce upwards from this channel in order to show that they are back in business. Until then, TGOD's price will continue to drop. If the bulls succeed in breaking upwards, or next resistance points are: 5.83C$ (55 ema, and also our 0.5 fib level) 6.17C$ (100 ema) 6.96C$ which is the 200 ema. Let's see how the bulls will do this week. Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
T
by Raw_Blitz
9