Inverse head and shoulders pattern has formed on the daily chart for ACB. It has tested a bottom three times and has been in tight consolidating patterns for the last 21 days -- the longest period of consolidation yet in the stock's history. Bollinger bands have tightened signaling a nearing breakout, with bear volume reducing and bull volume increasing,...
Shopify has had a great bull run and it's reached is peak, finishing with a large englufling candle, signaling a potential end to the bull run, followed by decreasing bull volume today.
RSI is at overbought levels although it should be noted that it has been much higher before, so we are still waiting for the reversal signal.
Look for it to challenge the $177...
