Get started

Aurora

Aurora Cannabis - Massive Long Opportunity!Last time we were in overbought territory on the daily RSI was 10 months ago. This has been the largest downtrend in the stock's entire history. Currently trading under a death cross for quite a very long timenow. So why long now? Not only has it bounced off the major long-term support line (green), it seems to be forming an inverse head and shoulder at the moment which is bullish and signals a trend reversal. That along with it being in oversold territory for 8 months and finally breaking out and posting a higher high tells we may be at a price range that we may not see for a very long time, if ever. A few more daily closes will paint a better picture with regards to the possible inverse head & shoulders. In order for this to play out we would have to reach a price of approximately 1.91 so don't panic if we dip first as it is expected. If we continue to post higher lows and highs in this trend then the swing to the upside could in fact be immense in the next year. Low risk for a potentially very high reward in my opinion. I don't think we're trying to break this support line because if we do then it's going to be a freefall ;) Please like & share if you found useful. Leave your feedback below and let me know what you think. Cheers, and safe trading!
ALong
by thiluxan_s
11
MJ volume not high enough...Cannabis stocks have been gaining from the start of this week. Technical analysis RSI has been trending upward, but OBV has not, creating a bearish divergence. /Bearish We saw the same three candlesticks ending on November 21st, 2019, leading to a strong pullback. (Red circle drawn in chart). /Bearish Fundamental analysis Since May 2019, cannabis stocks have been shorted creating a downturn for the whole sector. Many of the biggest companies are undervalued. But stocks can stay undervalued longer than we can accept our losses. ----- Keeping on a close watchlist.
AMEX:MJ
by dorfmanmaster
NYSE: ACB - Aurora Cannabis ShortSqueeze Coming!I have recently shared my views on NYSE: ACB Aurora Cannabis, now I wanted to comment on the latest price target of $0 and "Sell" rating from analyst Gordon Johnson from GLJ Research ... I let you make your own judgement, but this is the guy that called for a price target of $109 on Tesla when it was trading at $244.10 back in May 2,2018 .. that was a 64% downfall from the current price at the time!! ... similar to the aggressive price target of $0 he recently gave Aurora Cannabis!! ... Well you know the story on Tesla, as of this morning it was trading at $430!! far from the $109 price target he gave back then ... WATCH HIS INTERVIEW HERE: www.youtube.com As it relates to Aurora, heres some interesting data points as it relates to Short Positions... they have decreased by 10% and % of short float now sits at 15%... Short Interest Ratio (Days To Cover) 6.3 Short Percent of Float 15.44 % Short % Increase / Decrease -10 % Short Interest (Shares Short) 155,950,000 Short Interest (Shares Short) - Prior 172,900,000
ALong
by DNI_VENTURES
6
Is the bounce completed? Are bulls ready to overpower bears?Well, watching the shorter 1m, 5m and 15 min charts, I need to take profits off the table back to neutral until the bulls really show up. Bounce players would not be overly convinced here until new short term resistance at 3.03 and $3.07-$3.08 is broken. We have short term support at $2.82. I fear that on any sector or market weakness, the bears will pie drive this down to the low $2s based on the two Bear Flags and Pennant seen this week.
TSX:ACB
by UnknownUnicorn2413721
Auroa ACB has $20 target within next few months. Sneaky BullsAt first look ACB appears to be putting in a Giant Topping formation however with closer look I have been able to see its true intentions. First we have class A bullish divergence on MACD histogram and hidden class B bullish divergence on RSI. e Also we have a possible strong reversal setting up, due to the very similar nature between ACB Weekly chart & and Adam and Eve chart pattern we can use this information and classical technical analysis theory to extrapolate a mid to long term Target
ALong
by MikeySeko
6
Aurora Cannabis. (ACB) Time to Start Buying?! Hey guys. So I have always been a fan of marijuana stocks and who can love trading the devils lettuce, but not trade ACB!? Over the summer we had a big sell off in the sector, but that was expected after the run we had that winter. The market is starting to catch some support and we are seeing more consistent green days for the green good. At this point in time you could do one of two things... you could wait it out, or what I personally do for longer term investments.. Start accumulating. We could bleed a little more, but to be honest... I dont see it falling much more. Another option for people who prefer less risk exposure could be to wait for earnings. Earnings is only a few weeks away and should provide a significant outlook for Auroras future.
A
by Augustus_Lee7
3
$OGI Showing Signs of a Bottom Despite Continued Sector Rout$OGI has held the 200DMA as support the last two trading sessions & on July 15th. Hammer candle was put in on 7/29 followed by a bullish engulfing signal today. OGI current trades at a 10x P/E 2019 revenue and a 3-4x P/E on FY2020 revenue estimates. We see several near-term catalysts for $OGI and feel the stock will benefit immensely once the current industry chaos settles down (CTST, APHA, HEXO, etc) The company announced July 15th, it developed a Rapid-Onset Nano-Emulsification Technology for Cannabis Beverages with an initial onset of 10-15 mins vs 60-90 mins on average. The company also clearly told the market they're actively seeking a beverage partner & is for sale. Management has proven they can execute with positive adjusted EBITDA 4x Qs in a row, minimal dilution to shareholders vs peers, disciplined w/ expenses (No $600M losses here), and a very transparent with investors. $OGI management won't pump the stock & give unrealistic guidance like some of its peers, $OGI is focused on building an operationally sound profitable cannabis company in Canada & Internationally. We expect $OGI to get a lot of attention from institutional & retail investors state-side in 2H 2019 as investors begin to pay more attention to market caps, margins, profit/loss, etc. The industry is maturing very quickly and we believe investors will begin to see $OGI as a Top 3 LP. Time will tell... ***Disclaimer: I am long $OGI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.***
NASDAQ:OGILong
by cb035
1
Acreage Holdings - Insider Open-Market Stock PurchaseJuly 15, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (OTCQX: ACRGF) today announced Kevin Murphy, Chairman, and Chief Executive Officer of Acreage Holdings, executed an open market stock purchase for 154,000 shares through the OTCQX on July 12th. The transaction, valued at more than US $2,000,000, was executed on the OTCQX open market on Friday, July 12th. The 154,000 shares acquired represented more than 72% of the average daily trading volume on the OTCQX. “With the downturn in industry stock prices recently, this was an opportunity to show investors that Acreage management is committed to creating long-term shareholder value,” said Murphy. “We remain focused on executing on our strategic plans, including fully leveraging the power of Canopy’s IP. Additionally, we have been in dialogue with executives from both Canopy and Constellation, and I can assure all of our investors that all three companies remain fully committed and excited about our recently executed agreement.”
ALong
by dorfmanmaster
Analyse - Long Term vision for Aurora Cannabis $ACBLogarythmic View : Nice bounce on the LT Trend line , Support need to be confirmed RSI is increasing and is repeating a 2-year-old pattern that with pure coincidence occured from May to August at that time... Damn god is it so easy ? Just play repeat and smash it off ? Well let's see ! The funny thing is that it's really similar to BTC charts ! To sum up : Huge Potential Upside guys Moreover, Pot Stocks & Cannabis industry are going very well. Good News are coming from everywhere , even for Cronos Group , Tilray , Zyne Pharm. and so on... Government and Laws are becoming more & more flexible towards CBD stuffs which provide a answer for Physical Human issues (sickness , cancers, pains... ) And our Generation is changing, globalized , curious of everything, and everyone know what is it. Consumption & Adoption have begun in the early ages, and now it's going Industrial, Big ! Keep an eye on ! ***This is not a financial advise*** (ykwm) Nico Don Crypto
ALong
by NicoDCrypto