Aurora Cannabis is at 52 week lows ( buying opportunity )
Hey,
ACB
Aurora Cannabis is the best revenue growing company in the cannabis industry, this is a huge company and has a lot more to come with. The reason it has been gone down this much is basiclly because they said they would break the 100 million mark in revenue but got 98.9 million and the shorters saw a huge opportunity on that and took it, however this company is massive and they are deffinetly going to go up. They have two gaps to fill, one is a pretty big gap ALSO the earlier times whenever Aurora has been around this current price it has spiked up and have gone up towards the 14-16 CAD range, you can see that on the 6 months or yearly chart. It also seem to have stabilized after a couple of drops after their quarterly report. In my opinion you could earn some nice money here, you can wait for the indicators to give you a green light but you can also buy at current price because it is close to its 52 week low.
Peace!
ACBAurora Cannabis is the best revenue growing company in the cannabis industry, this is a huge company and has a lot more to come with. The reason it has been gone down this much is basiclly because they said they would break the 100 million mark in revenue but got 98.9 million and the shorters saw a huge opportunity on that and took it, however this company is massive and they are deffinetly going to go up. They have two gaps to fill, one is a pretty big gap ALSO the earlier times whenever Aurora has been around this current price it has spiked up and have gone up towards the 14-16 CAD range, you can see that on the 6 months or yearly chart. It also seem to have stabilized after a couple of drops after their quarterly report. In my opinion you could earn some nice money here, you can wait for the indicators to give you a green light but you can also buy at current price because it is close to its 52 week low.
Peace!
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