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laventa
Jan 16, 2021 3:25 PM

ACB about to rocket up Long

Description

ACB, another potstock, has a powerful 1-2-i-ii set up. In Elliot Wave terms, that's a rocket. It's an impulse within an impulse, so goes with the sentiment on pot stocks (very bullish). The red wave is the first impulse, with a green wave being the wave 3 of the red wave. Great buy here, with great risk reward. Green fibs target 20 to 23, then a retrace and finally 37 to 56. That would end green, and end the Red wave 3. Red goes on to 100.
Comments
ogdabber
Similar read as I’m getting with this... 20-30-50+ (likely 70s at least) then retest ATH... this is BULLISH
psbassin
Seems like it's similar to TLRY?
glapo
@psbassin, sure aint movin like tilray.
awisecrackin
@glapo, agreed. these are quite the forecasts based off early data
NR-Prince
Can this retracement still be valid for wave 4 within the bigger wave 3? I hope so.
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