American Cannabis Company Inc (AMMJ): Gonna need heaving buying volume to brea...

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American Cannabis Company Inc (AMMJ)

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Re: Cpopp post# 13466

Friday, 02/03/2017 2:18:35 AM

Friday, February 03, 2017 2:18:35 AM

Gonna need heaving buying volume to break through the resistance levels. It keeps bumping its head against the 50 DMA.

I follow about 1.5 dozen of the more popular MJ stocks. Most have a bearish trend over the past several weeks. Few have bucked that trend, but may be losing steam.

I'm sitting on the sidelines for awhile until I see some type of reversal. I don't know of any upcoming (known) catalysts for the American MJ stocks.

My posts are solely my opinion unless presented with (or directed to) factual information. All investors are strongly encouraged by myself to do their own due diligence before making an investment decision.

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