Short Aurora Cannabis (ACB) for short-term gain
- 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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.