In the last seven days, Aurora initially saw a significant move upward, but sharp sell-offs at the end of last week erased nearly all of December's gains. These declines are, however, in line with our expectations: We still anticipate new lows within our green Target Zone between C$5.58 and C$3.84. Once the interim correction of the magenta wave (2) is complete, we expect a sustainable continuation of the overarching upward impulse. Wave (3) should then pave the way for gains above the resistance at C$11.97.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
