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Falling wedge, almost at the. Since the parabolic price movement to the upside which occurred after the stock split ACB has since consolidated into a bullish flag or a descending triangle.
Falling wedge broke out on 1HR and retested support. Curious to hear everyone's comments on how to interpret this last candle?
Huge volume with no price movement. It seems a little strange that all of the mainstream MJ stocks have all started back up the ladder as of 13 May ACB has been on a nice bullish uptrend since the 12 for 1 stock split, that was a great move on their behalf, however, it is interesting to see them buy a U.
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in I remember at the very beginning of legalization after Trudeau got elected, I thought this company had potential.
Sure enough, shortly after the stock rose to 1. I had already moved onto Canopy, Organigram, and Aphria. And I will say this, Cannabis Sentiment.
All comments and likes are very appreciated. Price action in the MJ Sector are known for their extremely quick movements and the euphoria is short lived as retail traders take their profits.
A quick and massive short squeeze plus hype from overall market sentiment is what it will take for this movement Since much of the traders of ACB are retail traders.
Historically it has done exactly just that. ACB has had a tough time lately along with the entire cannabis sector, but things are looking good going into Stocks with the highest dividend yield.
Top Volume. The most actively traded stocks of the past 10 days. Micro and smallcap cannabis stocks. Capital Formation.
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Upgrade Now. Analyst Profile. Analyst Firm. Price Target. Latest Articles -. As of April , Aurora had about 17 retail outlets in western Canada through its strategic partnership with Choom Holdings Inc.
These shares were completely divested in June From Wikipedia, the free encyclopedia. Canadian cannabis company.
Operating income. Net income. TMX Money. Retrieved 30 November Retrieved Motley Fool. Retrieved 27 November TSX Inc. Retrieved 18 September The Toronto Star.
The Canadian Press. Retrieved 26 December Retrieved 6 February Archived from the original on Cantech Letter.
Financial Post. Retrieved 16 November