Auxly Cannabis (CBWTF)
Auxly has been in a downtrend since January 17. The first sign of a trend reversal (1) took place on Aug 28. The chart clearly shows the HH (higher highs) and HL (higher lows) price action that we are currently following. Our bias upward, we’re looking for Auxly to stay above support at (4) and eventually breaking above (5) with potential resistance and an upside target at 1.60.
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