RE:RE:Upswing run !!!My guess will be opening around $2.70 and pass $3.00-$3.05 before lunch. some consolidation around that point and closes around $3.10.
As I predicted before $3 will be new support with our new ticker ACB.TO. Big institutional funds will be jumping in from monday.
Huge Financials round the corner, so profit taking is dumb decision for many traders. After financials I bet SP will set new 52 week highs. May be after financials some porfit taking pull back. IMO.
aurorahigh wrote: Hm, just in from a 10 hr shift. Early start in a.m.
Was wondering same thing myself. Prob will have a nice run up in morning, some consolidating midday and end positive. Still all speculative as people lately have been conditioned to sell the news. Didn't think a 16% increase for the week was enough of an uptick based on a move to the tsx. Aphria rose 13% on their financials, hence tsx does carry larger swings in price action, be it up or down.
But Aurora keeps doing everything right and better than its competitors. German aquisition will be reflected in financial release ( 1 month ). And we know Q1 will def be higher with full reporting.
To answer your question. Yes should have a nice run, followed by some profit taking. But once year end is released and rti jv is announced I think we will see 52 week highs tested and hold by year end. Conservatively speaking, and jmo.