Replies to post #13466 on American Cannabis Company Inc (AMMJ)

[Dubb10]

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.