Aurora Cannabis ACB

15 May 2021

ACB published their results and the next day the stocks lost more than 6% reaching the year low so far. This company is not worst than others companies in the cannabis sector, so I can imagine that if the main stock indexes like SP500 or NASDAQ go back in an uptrend for several days (what seems they're about to do) I can imagine that buyers will come back on this value. My buying price is a little bit above 6.40$ with a target around 9$ in the next 2 weeks. Stop loss below 5.80$

25 May 2021

Not

We're in contact with the upper trend line, this is a decision point, price can rebound down and test again the year low or we can expect the price to break the trend and head towards 9$. In the actual context (main stocks indexes trending up), my personal opinion is that we will break the upper line, and my target is still 9$.

1 Haz 2021

İşlem aktif

TG reached but no good reason to sell so far, just put a SL at 9$ and let the time work, may be price is willing to go to 11$ or 16$...

18 Haz 2021

İşlem kapandı: durdurma seviyesi