Aurora Cannabis Inc T.ACB

Popping to $12.00 Tomorrow!

[RichyRich$]

Short Squeeze. It was an Overreaction selloff. They still have lots of Cash on Hand. Turnarounds take time. You can all do your part and buy some Cannabis this week. Lol

[stocktradinguru]

Clearly, you have zero understanding of charts or technical anslysis. ACB closed at the low today.....

[AaronEggs]

You don't know analysis, it's a falling wedge, bullish 

[Swingzup1]

I'm playing the same wedge. Bought today at 9.92, GAP officially fills at 9.75 but I'm fine with where I grabbed....what's your opinion? Just tryna have a mature talk with a trader. If u aren't one all good.

[RichyRich$]

Swing... I think it's a great swing. Especially with the Daily Chart RSI as low as it was when it Short Squeezed in May. The big funds obviously see value in this company... or they would not have rallied it 3.6 X in 2 weeks last May. The big funds already knew about the write-down. My main thing when swing trading is to make sure theres no plan for a Chapter 11. They never hire a new CEO if

[Canamex]

I don't disagree.   I backed up the truck at $9.76

[RichyRich$]

Also the hourly chart RSI is 18.95. Way oversold shorterm. Also oversold longterm. The Daily chart is one big flagpole pullback from May's pop. Usually a flagpole pullback continues back up. It doesn't usually make a new low. Which would be under $7.50 in this case. Safe from here. New CEO... would not be hired if a Chapter 11 was planned. Can't get it bang on. But $9.99 is close

[Swingzup1]

My target from here was 11.12 personally filling a couple gaps. I bought before gap fill at 9.75 because I'm thinking technical correction for market is due at the bare minimal as it sits just under 50ema and above 200ema....I also took into consideration the falling wedge and the low RSI rating.....I'm thinking with financials due this month heavy volume will be pooring into aurora.