Wait for a better price
Good day folks,
Aurora Cannabis has been on a wild ride. There is support at $6.00 and it is likely to be tested again. If this support doesn’t hold, it could go back to breakout price or $4.00. I prefer not to mention the large support at $2.00 as it would be a complete catastrophe for the stock imo, however I would load big time at this price.
Until the stock becomes a defensive one, I think its price will consolidate, making up and down, between $4.00 and $8.00. After all, we are heading into recession.
Merry Christmas to all!
Aurora Cannabis has been on a wild ride. There is support at $6.00 and it is likely to be tested again. If this support doesn’t hold, it could go back to breakout price or $4.00. I prefer not to mention the large support at $2.00 as it would be a complete catastrophe for the stock imo, however I would load big time at this price.
Until the stock becomes a defensive one, I think its price will consolidate, making up and down, between $4.00 and $8.00. After all, we are heading into recession.
Merry Christmas to all!
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