Penjualan
[ACB] Pump and Dump... It's Gonna Collapse Again
FOMO got the best of of the market again. Was a beautiful setup. I loaded up on ACB the 5 days leading up to earnings because it was beautifully positioned at insane value and because almost any shred of good news was almost sure to make this stock pop.
Bought @$6.22, sold ~20% @$10.62 yesterday and another ~20% @ $18.56 today.
Will sell another ~20% if it spikes higher again but it was almost surely being pumped a lot extra from the rally and I expect it to collapse back down, maybe bounce at ~$13 and then return to test lows before next earnings.
The impending market crash will make all cannabis stocks the buys of a century (especially OGI) for a brief couple days. 2021 will see explosive growth and massive gains for all of them.
Bought @$6.22, sold ~20% @$10.62 yesterday and another ~20% @ $18.56 today.
Will sell another ~20% if it spikes higher again but it was almost surely being pumped a lot extra from the rally and I expect it to collapse back down, maybe bounce at ~$13 and then return to test lows before next earnings.
The impending market crash will make all cannabis stocks the buys of a century (especially OGI) for a brief couple days. 2021 will see explosive growth and massive gains for all of them.
Catatan
So far so good! I did end up cashing out another 20% at $19.08 right at the peak.Sticking a little bit at the resistance line as expected but notice the volume profile here, will likely continue slide down to POC around $8. White downward line is long term resistance. Once it closes below that it won't close back above for awhile.
Catatan
Reliva news update: ![[ACB] Reliva News Blew Up My Plan, Gravity Still Heavy!](https://s3.tradingview.com/k/kuc5FGEN_mid.png)
Data analyst with a passion for best fit lines... B)
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Data analyst with a passion for best fit lines... B)
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.