21P trade ideas
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!
Aurora Cannabis IncIn the 4hr timeframe , as you can see price is forming an inverse head n shoulder ,
it means price is in the reversal , so what do we look for here is a long position ,
price also failed to make a lower low in the market ,
it has a price rejection at the 61.80% fibonacci as it also lines up with the major support ,
and if we zoom in the smaller time frame , price is also making a falling wedge pattern ,
it tell us price is squeezing and showing us , if the selling momentum is slowing down ,
as you can see here i will take this trade with 1:4 RR ,
risking 10% to make 40% in my long term swing ,
remember to put the money that you afford to lose ,
let me know what you think about my analysis right here ,
Give it a like or comment if you like this idea !
ACB 4hr setting up for an earnings breakoutVery very bullish on this name and sector. ACB has formed a falling wedge and a rounding bottom consolidation. With earnings on deck, im confidently long given my previous post on this being a similar setup to what we saw in 2015.
DIAMOND HAND IT above 6.61 breakup daily candle.
ACB? Investing time?At its now again like always ive been seeing the same price for many many time now and ive been back testing on webull papertrade with 100,000 even before ACB SPLIT and made it 5mil with i understand we all want money fast but this will take time ive Believe and investing with real money now it will happen again so ive go in every week braking it down why i think and believe in ACB
- Highest high
- Lowest low
Block drawing- shows on day from HH TO LL
Its very basic and understanding but only used for set timeframes
30M 1H D W M
100X MACRO DOUBLE BOTTOM STOCK CHART!!ABC - Double bottom of the decade
Massive double bottom forming on what could be a 5 year long pattern at play .
This $7 region is also a high traffic area of market structure in which we have seen flip in to support and resistance over the years
Aurora Cannabis, Inc. is a cannabis company that produces, distributes, and sells its products. It also manufactures and distributes indoor growing systems as well as hemp-related cuisine.
ACB The return of Cannabis stocksCannabis stocks like Aurora Cannabis, and this is not the most bullish, have been beaten up in the past 6 months, while they kept delivering good results.
Aurora Cannabis Launched its First Medical CBD Product in Uruguay 2 days ago.
The CBD oil is available in 3% and 10% concentrations in pharmacies across the country.
My price target is the 12.6usd resistance.
ACB - SwingOtro que tengo en la mira, es ACB. Me gusta que llego a una buena zona en l aud está haciendo retest ahora mismo. Esperaría que rompa los 6.67 hacia la alza, un retest al 61% del fibo de la estructura en 15m. Ahí los price targets que me gustan, pero sobre todo incluí el RSI ya que en 4H se ve interesante