Acreage Holdings Inc. $ACRHF Chart Analysis | May 30, 2022

Acreage Holding (ACRHF) is currently selling through a huge running-flat that ended 1st week of May, we should see a little more selling while ending on a 5th wave south on a mini-cycle. Price target around .87 cents will start the semi-correction leading into more selling towards .68 cents which in likeliness will catch around .57 cents.

Afterwards, another small correction is due which will likely see a pivot north towards .88 cents (depending on volume increase) and will sell south on final primary-cycle's 5th wave which might see a floor around .49 to .44 cents before primary-cycle correction, which looks to be prepping around 1st and 2nd week of Aug. 2022