Aurora Cannabis Analysis 12.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
ACB
WEED STOCK THOUGHTS! HEXO, ACB, APHAHey everyone! Here with a video on some Cannabis Stocks I've been checking out. (THIS VIDEO, HEXO, APHA, ACB)
Day time frame: Most of the cannabis stocks are looking very similar.
-completed Market Cycle
-Down 80-100%
-lower MA's have crossed north, or are close to crossing 200MA in Bullish form
IMO these are looking like great places to invest if you wish to do so. I am no financial advisor, just a trader sharing my thoughts and ideas!
PLEASE LIKE COMMENT AND FOLLOW!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
Cannabis Sector Short Atack A short video on what happened todayin the cannabis sector and how to read it on level 2.
Enjoy!
Tilray and Aurora Cannabis trendlinesYou can see on my mentoring sytems with zoom and tradingview two cannabis stocks. This is very good opportunity. Stoch and Rsi is overbought.
Another before the breakout. :)
Cannabis Stocks- GRWGI LOVE this company LONG. Unfortunately this is the perfect place to buy and the sketchiest place to buy. With a possible Biden win, cannabis stocks like this one will soar. Two things in GRWG's favor in the mean time is the possible legalization in 5 states. Also, earnings coming up is expected to be a good one. So if we hit all three. Biden win. Earnings hit. Legaliztion. Then i could see a strong run up as this ticker as already see some good volume in the past.
ACB possible bottomACB recent move up has some structure that looks decent enough to have an update on. Right now micro doesn't look great. Expecting further correction ~4.9 to 4.65. Bearish under 4.5
ACB Aurora Cannabis slow deathWaiting for a some sings of life to turn bullish. Has a lot of potential and a good one to watch
ACB updateStill bearish and looking for some kind of bottom around ~8.75. Show a potential alternate bearish count for a lower wave C
ACB Aurora CannabisDon't like the look of the impulse/correction and still think ~ 8.76 is looking like a good potential entry if I see 5 waves down
ACB Aurora Cannabis updatePotential bottom but need 5 waves and nice correction before before turning more bullish
ACB updateShow some of the price targets I'm watching for right now. It looks decent right now. Don't love the 3rd wave start yet. Watching for it to stay above ~10.13 and bearish if goes below ~10
ACB looking for bottomACB staying choppy but still remains a good opportunity once bottom is struck.
Aurora Cannabis Inc ACB count updateBullish. potentially starting 3rd wave in this impulse. More bullish when takes out ~10.50 and ~10.80
ACB bullishI like the setup right now. Turn more bearish if it breaks below ~10 and invalidates under previous low.
