Where will ACB’s share price move today????Hmmmmmm. The relative strength indicator (RSI) is below 30 on the
5 minute
15 minute
30 minute
1 hr
5 hr
daily time frames......
what you will likely see is an "oversold bounce"
The oversold bounce is a popular setup to buy and sell a stock as a day trade or swing trade...
The share price will spike somewhere between 3 and 10 percent and the sell-offf
why???? ACB is in a downtrend with no end in sight. It's essentially a flacking falling knife....
And so, expect ACB to pop for an hour or so, sell-off, resume its descent into the maelstrom.