Potential Buy Entry Alert AC8

Time Frame : Daily/Weekly

Sector : Pharmacueticals

Key Stats : $180.79 Million Market Cap, VWAP 1.02, ASX Ranking 601, 4 Week Av Turnover $778,706, Current Turnover (Intraday) $251,027.

Company Overview : AusCann Group Holdings Ltd (AC8, formerly TW Holdings Limited) a Perth-based company with the aim of producing and providing quality, economical and clinically validated cannabis medicines.

Broker Consensus : NONE

AC8 – AusCann Group Holdings Limited

AC8 has been in pullback mode since the highs hit earlier in the year. We are now watching the area around 0.90 to hold and a base to build for the push higher. Buyers have started to take action and soak up the selling so watching now for higher lows to hold for further confirmation and the buy entry setup.

Stock Code : AC8 – AusCann Group Holdings Limited

Company Website : www.auscann.com.au

Current Price : 1.01

Status : On watch for a buy entry setup