AMERICANN INC may be triggering a long trade.Technically it looks like a bottom may be in and a reversal opportunity is in play.
$1.068 has acted as support for multiple trading days.
Macd has now crossed and reversed course, whie the histogram is bullish.
Possibly a move above the middle Bollinger Band will ignite a rally.
COMPANY PROFILE
Americann, Inc. is engaged in the development of medical cannabis cultivation and processing properties. Its projects include Denver Medical Cannabis Center, Massachusetts Medical Cannabis Center, and Illinois Medical Cannabis Center. The company was founded by Benjamin J. Barton on June 25, 2010 and is headquartered in Denver, CO.