AusCann (ACNNF)

[stoner422]

Can't say for sure that it will get to .17 but the odds are in favor of it. It's filled just about every gap it made and there are no real catalysts on the near horizon that I know of. Look at CGC that's filled every gap it made so far although I haven't looked at a chart lately of it to see if there were any gaps under $5 US. Do I think Auscann will get to $4? I don't think any time soon as in the next few to several years. All the excitement for the weed market has seemed to disappear. If the you never paid attention to that old saying buy the rumor sell the news the entire weed market was a glaring example of that. Still can't believe it myself that it dropped after release of regulations. If Auscann can stay up for several days in a row then I think it's safe to say it won't fill the .17 gap. I won't be a buyer again until I see evidence of some stability in the price or that it's still dropping. If it drops then .17 is the floor.