laventa

ACB about to rocket up

Long
NYSE:ACB   None
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.

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