TA: a potential bottom entry for ACB here. Yup, it's at 4.20 (xD). Please keep in mind this a very aggressive entry, so properly scale in/out. The price structure looking like a pretty textbook wyckoff reaccumulation with a heavy shakeout after the creek selloff. Bottom of the range has a horizontal supp as well as the weekly MA200 which is quite huge in my opinion. Right now the support seems to hold with a nice 4h engulfing candle about to close. I have closed my short and scaled in from 4.20$. Now waiting for a weekly close above the WMA200. Scale out below 4$..
FA: - Aurora has been expanding and investing a lot during last year. So I would say the stock is quite underpriced at the moment and has quite good potential to grow during the next 1-2 years. - Cannabis 2.0 is launching at Oct 17th
That's it. I am not a FA trader anyways, so do your own due dilligence. Technicals looking great.