A classic harmonic pattern suggests that ACB will close the gap at some point this year. Even if the falling wedge breaks to the upside, it remains to be seen if it can reach new highs. Personally, I don't think it realistic to see ACB rebound fully, before they've shown consistency in earnings and revenue, unless some big news catalyst will restore investor confidence. Until then, I am on the sidelines, ready to accumulate at around $7 and lower... I bet we'll see CGC at the $12 threshold at the same time, IF this plays out...
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