ACB is a great stock. Super cheap for amount they produce. I'm long in the long run But I think there's substantial opportunity to make profit by shorting the stock as it experiences corrections in it's uptrend Normally I wouldn't recommend timing a stock like this or trading against the trend, but it's not seeing 10% pullbacks on upward moves, it's seeing 50+ % corrections, which makes the strategy viable.
The macd indicates the stock is currently bearish, and if this correction follows the pattern of large pullbacks, we're about 1/3 into the move, leaving more room for upside than for downside- A nice KISS (Keep it simple, stupid) strategy