American Green Inc (ERBB)

[nopancakemix]

Sorry Bud, Here's the Deal with ERBB
Technically the run up has put ERBB way outside the bollingers, over 2 std deviations from the mean. That basically shows that sustaining upward momentum is impossible without some consolidation. Most technical indicators are maxed out to the top side.

Most MJ stocks are about to aggressively push through a Golden Cross. Very bullish.

New money is coming in from everywhere; institutions, investors, traders, industry leaders....this is the result of the hype. The upcoming mid-term elections could provide significant momentum throughout the year.

One actionable PR could blow the top of this steam kettle. Who knows if the PR comes from an MJ company, the CO state government or the Feds, but with such close attention paid and exposure from recreational legalization, this is only the beginning.