AC8 1.92% 13.3¢ auscann group holdings ltd

The chart is bearish. The only positive you might get is a...

  1. 3,278 Posts.
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    The chart is bearish.

    The only positive you might get is a reactive bounce over the next few days, but if the selling kicks off again on open tomorrow morning, it won't stop until 44c.

    The only other possible bullish scenario you could have is if it does actually form a higher low and then the right shoulder of a reverse H&S forms over the next couple of weeks.

    Better value elsewhere in the MM arena.
 
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Currently unlisted public company.

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