ACB Should Retrace and I'm Unhinged

29 may 2020

First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, Aurora Cannabis is due for a breakout. They recently also acquired Reliva, which have many people either skeptical or bullish. The market is hitting resistance at the moment with many people shortening it and negative reactions to the recent events going on. However, ACB is trying to expand in the North American market, and the next cycling line pattern also seems like it should go on a positive correlation. My regret though, is I talked about this a bit before the dip so if I was remotely right, the profit turnover could have still been better. I think short term it has breakout potential, and this is a stable growth stock overall given how they have managed their financials when they are close to being ravaged.