Bullish mood lifts Aurora Cannabis to session high of 66.7 cents

Friday at a glance: Aurora Cannabis rallied 7.54% and ended the session at 65.6 cents.

Aurora Cannabis Inc.'s upper Bollinger Band® is at 67.8317 cents, this is a slight indication of a slowdown. Aurora Cannabis is 2 cents away from testing key resistance at 67.79 cents. Peaking above this level could inspire market bulls and open the path to further gains.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Aurora Cannabis is set for a reversal in the coming days.

A look at other health care stocks also showed bullish price action as Bristol-Myers Squibb Company traded at $68.14 after closing Friday's trading day at $66.82 (up 1.98%). Sanofi traded at $55.77 after closing Friday's trading day at $54.73 (up 1.9%). Amgen added 2% to its value, and traded at $236.53.

The Canadian cannabis producer has fallen back around 80.26% from the significant high of $3.09 set 11 months ago.