Aurora: Floating 🌊Aurora is floating and relaxing in our turquoise zone between $1.19 and $0.55 and has drifted below the 61.80%-retracement at $0.95. Although the share could finish wave II in white anytime as it has sufficiently tapped the turquoise target zone, we rather expect Aurora to sink a bit deeper still to conclude the current movement. However, by the bottom of the turquoise zone, the share should establish the low of wave II in white and subsequently turn upwards, heading for the resistance at $2.15.
Auroracannabisidea
ACB - Be Prepared Hi, this is my update for ACB. In the last 2 months ACB has fallen over 60% from $18.50 to $8. If we look at the whole chart, we see that we have already completed the crash structure and now I expect we are going to make a bottom head and shoulders and that indicates we are going to see at least 120% gains in the near future. The MACD is turning green and RSI is ready to get above 50, so I think it is time to have a position in ACB.
AURORA CANNABIS INC ACB LONG SET UPBUY AT 0.77 & 0.64
SL 0.26
TP.1 $1.40
TP.2 $2.64
Tp.3 $4.20
TP.4 $6.40
When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of Canadian companies that have enjoyed the opportunity to list on U.S. exchanges.
AURORA CannabisIdea for ACB
Figured a potential bottom on the fibonacci spiral, horizontal to the inner spiral.