ACB in play

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I took a position this morning, when ACB broke $8.10 bullish. Currently residing right below the trend line and bouncing. I am speculating on a good earnings call to push her through, back on track to the lower $10 range. With today's 4% up, there is at least a margin to get out in case of a catastrophe. But when last earnings disappointed, ACB came with guidance. This time it is quiet.

Of course, SPY is not looking all that bullish, but cannabis has the potential to disrupt the market. I say Jalla, let's GO!!!

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ملاحظة

Bah. Missed on earnings, increased losses. Trade closed, getting out with a small profit.