ACB is at a critical price point at this time. The price action is still feeling the very strong downward trend that is pointing directly to $0 by no later than May. In order to even potentially reverse this brutal downtrend, ACB must first accumulate and confirm the end of the downtrend. An accumulation channel between $1.16 and $2.75 is potentially in the...
Price action in the MJ Sector are known for their extremely quick movements and the euphoria is short lived as retail traders take their profits. A quick and massive short squeeze plus hype from overall market sentiment is what it will take for this movement (Since much of the traders of ACB are retail traders). Historically it has done exactly just that. Waiting...