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
Aurora
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
JG BUY (AURORA MOBILE LTD)Hi there. Price is forming a big reversal pattern to change its direction. Also is close to 0 value which is a very good sign. Wait for the price to complete the pattern and watch strong price action for buy.
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.
Aurora Cannabis $ACB is getting ready for Moon MissionWell, cannabis stocks went through very rough couple years. They all were in accumulation mode for good part of 2019 and entire 2020. Accumulation is done and ready for take-off. Here is why:
- Few month ago we made new Higher High with possible Higher Low as of now.
- The reasoning behind Higher Low is a consolidation in the area of Fib levels 0.705 and 0.618.
- Price breaking out (or at least trying) from the classic BULLISH Pennant.
- Price extracted liquidity from fairly matured Order Block originated in 2016 Price Action with super High Volume.
- The volume even higher than previous bullish runs of 2017-2018.
- Other canna stocks are breaking out as well for confirmation. Looks like entire industry is ready for the move.
Invalidation:
- Price action breaks below HTF Liquidity Support and deeps lower.
- New Lower Low established.
Note:
- There is one area of concern (gap in price) right around Volume Area Low and HTF support. Price may deep into that area for quick grab to close that gap, but this area can be treated as part of bullish "Reversal Island" setup and may be avoided altogether.
As always this is not financial advise.
ACB BUY (AURORA CANNABIS INC)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
ACB updateACB hit my target for this move down. I don't like the look of the move up right now so leaning towards another low ~9.75
ACB close to invalidatingStill bullish on ACB. always hard to call a bottom. Couple scenarios that point to the bottom being in or close.
