RE:RE:A very nice article about ACB stock current status "The inability to break below 70 is very significant because it implies that the RSI oscillator has become embedded. An embedded RSI is suggesting that an impulsive move towards higher prices is still in development, and it will continue until the RSI closes below 70.
This impulsive moves towards higher stock prices is in line with the implications suggested by the wave structure highlighted on the following Aurora Cannabis stock chart."
https://www.profitconfidential.com/marijuana/aurora-cannabis-stock/aurora-cannabis-stock-objective-still-play/
Analysts Take
The extreme overbought reading implied by the RSI oscillator has been alleviated. In the process of alleviating this condition, the RSI indicator has become embedded, which implies that the move towards higher ACBFF stock prices has yet to run its course. This suggests that target price between $10.00-$12.00 is still a plausible outcome for Aurora Cannabis stock.