Aurora Cannabis Inc T.ACB

RE:RE:Lots of selling pressure

[Salvatore]

What it is:

A death cross is a technical indicator that occurs when a stock's short-term moving averagefalls below its long-term moving average.

How it works (Example):

Market technicians believe moving averages define the trend and provide support or resistance. They also give trading signals when they move through each other. These signals are called "moving average crossovers."

A crossover signal is generated when a shorter moving average crosses over a long-term one and visa versa.

As the name implies, the death cross is a highly bearish sign signifying that the current downtrend is likely to remain in force for a long period of time. 

When a shorter-term moving average crosses below the longer-term, a technical analystconsiders it a sell signal.