Short Aurora Cannabis (ACB) for short-term gain
Updated
- Prices are trading near top end of a rising channel
- A 12% move for a new board member is an exaggeration.
- Bearish divergence with money flow reporting a lower high while prices are posting a higher high (bearish reversal)
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HMMJ (weed etf) is signalling bearish divergence with MACD posting a lower high while prices post higher highs.
ACB
- A 12% move for a new board member is an exaggeration.
- Bearish divergence with money flow reporting a lower high while prices are posting a higher high (bearish reversal)
-
HMMJ (weed etf) is signalling bearish divergence with MACD posting a lower high while prices post higher highs.ACBTrade closed: stop reached
Closing our short idea (Profit: 0%)Bullish trend on its way.
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