Pembelian

ACB (Aurora Cannabis Inc) nearing the end of it's Correction

Diupdate

After the pot stuck bubble popped we've been stuck in some long complex correction most likely a WXY. If this counts correct we're nearing the end of this correction. It seems everytime ACB makes a major move it first forms bullish divergence on the 6 hour (2 or 3 touches )
I will be waiting for this divergence to form or if we break outta the downward trend line with volume and close above.

Catatan

We're seeing the 6H form bullish divergence.

Catatan

Watching for 3 points of bullish divergence to form at the start of next week if we want this bullish scenario to playout. Expecting to at least see $4.50

Catatan

If the support doesn't hold at $4.50 or the meme support doesn't hold at $4.20 our last two areas of support would be the end of the gold box $4.05 then last resort is $3.50. I'm seeing many bearish charts on Tradingview and Twitter pointing towards 3 dollar range. This makes me think we won't get to see $3.50 if everyone is waiting for it.

Catatan

4:20 please

Zoomed out -

Catatan

Still hoping for more down. Maybe the rsi will come bounce off this trendline once more creating a ascending trinagle on the RSI

Catatan

Still waiting- Still watching for the levels mentioned prior.
Watching the 6H RSI.

Catatan

tradingview.com/x/gXRBT3d19
Nice bounce on the 6H RSI trendline. 55 ema coming down. Breaking above could give us chance to run a little.

Catatan

No break above 55 EMA out . Possible more acccumilation period as we wait.

Catatan

Rejectedat 55EMA as expected. Going back to test the 6 H RSI trendline. Thing is acting like a trampoline! We also got a 12WMA about to cross 21MA on the daily. ACB the king if slow

Catatan

This chop is brutal. Can we decide if it's moon time already. Rsi another bounce and another rejection at 55 ema. Weeeeeeee

Catatan

Capitulation? Looking to buy the blood. Once our 6H trendline broke we dove. Waiting for daily to close and earnings to come through

Catatan

I'm sitting on my hands. Waiting for confirmation of some sort of trend reversal even if its on a LTF

Catatan

Will try to find a new count for ACB.this idea is invalidated obvioulsy. No trade to take yet

PsYiiX

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