The Cannabis industry has been exploding prior to the 17th of October, ACB is one of the stocks that is going up fast! But how long can this go on ? is overbought on each frame, and is going to cross downwards also.
PLEASE BE CAREFUL FOR A MASSIVE SELL-OFF ! I'm not saying this will happen, but the reason why I say this is because of experience.. Buy The Rumor, Sell The News. Tomorrow is news day. Just be careful. Best thing to do is, if you haven't entered into ACB , WEED or any other booming stock, don't. Wait for a retracement and buy the dip.
A run like this needs to retrace, the question is, to what level.. 55 ema ? 100 ema? or even 200 ema? Let's see.