Breakout Long Idea on $ACBFF - Aurora Cannabis Inc

$ACBFF has a good setup for a long idea on a breakout. The stock is extended but with Marijuana being so hot right now the momentum alone can make this a nice trade.

This stock is actually the U.S. version of Canada's ACB:CN. What I like for the trade's potential is marijuana is legal in Canada which gives people confidence that these Canadian based stocks can really run with limited headwinds. $ACBFF showed up today on my 'Darvas Breakout Scanner' and I currently have an alert, on my thinkorswim, setup at $11.80 which will likely trigger tomorrow.

Entry: Above $11.83
Stop: $10.85
Target 1: $15.79 Risk:Reward 3.99
Target 2: $16.80 Risk:Reward 5.01
Trade ist aktiv: Bought
Trade geschlossen: Stop wurde erreicht: Stopped out
what happened
TheBossTrader strongheart2million
@strongheart2million, It broke resistance and immediately sold off. If I remember right the whole marijuana market sold off that day but this stock really hit the dirt.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden