Long term head and shoulders pattern forming here.

12 апр. 2019 г.

I actually stopped being long on ACB awhile ago. Ill trade it for fun when a see a set up but other than that still stock isn't great. I would fair value ACB currently at 8 Billion CAD. but within the next 365 days they will be running on all 8 cylinders. doubling their value 16-18 billion. ACB has debt and debt going into a recession is bearish. mid term I am very bearish. I have a target price of $6.88-$7.21. if we hit any bad financial bank news in Canada ACB might be testing 52 week lows. As you can see on my chart ACB will recover and ACB should dominate the cannabis industry. long 2020 on.