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winstox

AMERICAN CANNABIS - a speculative play

Long
American Cannabis Company, Inc. (OTC:AMMJ)  
winstox Updated   
OTC:AMMJ   American Cannabis Company, Inc.
Trend Analysis Chart Patterns Wave Analysis
5
1
trendanalysis chartpattern waveanalysis
The sector is waking up after a long period of correction.
I like the setup for this stock, for me the correction has ended and I believe that we are entering in a very interesting period.
I also follow some other names of the sector for which I will post analysis later on.
Trade active:
The stock behaves as expected: UP
Trade active:
The stock behaves well within wave 2 of 5 up.
Above $0.65 adding positions looks correct.
I like the setup.
Stop Loss is set below $0.40
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