American Green Inc (ERBB)

[nopancakemix]

Chart Says Pullback or Parabolic

http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=4&dy=0&id=p51666992872

That's what I see in my preferred short term 4 month chart. ERBB is pushing the top of the bollinger. Bollinger bands are based on standard deviations and I firmly believe statistical anomalies are universal so the share price could use a breather. The golden cross is pretty sweet, as is the divergence on the MACD. The RSI is showing bullish behavior and the stochastic RSI is in a nice pocket.

It's a good read that chart. I think a pullback would be healthy. An easing of the technicals could make way the bull run to continue.

However as people have now read between the lines of the most recent PR, it's entirely possible the buying frenzy could resume.

Makes for a fun day to wake up with all this going on.