Aurora: Bottom FormationThe Aurora stock continues to trade within the orange Target Zone (coordinates: C$6.84 – C$5.51) and should soon reach the low of the ongoing wave ii in orange. With the completion of this corrective movement, the foundation should be set for a sustainable rise in the corresponding wave iii. However, there is still a 38% probability that the stock will head for a new low below the support level at C$3.84 in the green wave alt. .
Auroracannabisidea
Aurora: Floating 🌊Aurora is floating and relaxing in our turquoise zone between $1.19 and $0.55 and has drifted below the 61.80%-retracement at $0.95. Although the share could finish wave II in white anytime as it has sufficiently tapped the turquoise target zone, we rather expect Aurora to sink a bit deeper still to conclude the current movement. However, by the bottom of the turquoise zone, the share should establish the low of wave II in white and subsequently turn upwards, heading for the resistance at $2.15.
ACB - Be Prepared Hi, this is my update for ACB. In the last 2 months ACB has fallen over 60% from $18.50 to $8. If we look at the whole chart, we see that we have already completed the crash structure and now I expect we are going to make a bottom head and shoulders and that indicates we are going to see at least 120% gains in the near future. The MACD is turning green and RSI is ready to get above 50, so I think it is time to have a position in 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
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AURORA CannabisIdea for ACB
Figured a potential bottom on the fibonacci spiral, horizontal to the inner spiral.