Aurora Cannabis Inc (ACB)

[bsdvs23]

$ACB narrative remains....

Bearish Correction Territory
Short term Resistance: 6.55 & 6.77
Support: 6.16 & 6.00
Open Gaps: 4.99 - 4.90

Overall: keeping money on the sidelines

There are some solid day trades in this stock when they present themselves; very short holding periods with large positions.

Once the $ACB gets it’s footing this will be a “buy and ride” but until then there will be plenty of noise and distractions - don’t allow those artifacts to impose emotional and behavioral bias on “what you think” versus “what you can prove without reasonable doubt”. Every article and press release is Forward Looking (see any disclaimer); therefore, what you read and take-a-way as fact could be no more than an illusion of your biased assumptions.

Time and price is the truth. Can’t focus on where this stock cane and went - have to focus on where it is in the current, that’s all that matters. Everything else is rubbish.

That’s how you become successful at doing this for a living. Making trading your sole income driver Always have a trading plan, journal your trades for reflection, protect capital and always have stop-losses in place (even if they’re mental mental). Don’t put all your money or most of it into just one stock or sector - diversify.

Have a safe and wonderful weekend everyone.