Stock/Option Play: ACB

Post-Biden election news this stock proceeded to lift off, but a tough earnings slapped some reality in people’s faces. I think the stock finally had a monthly breakout and is simply retesting the breakout. Back above 7.51 and we’ll see many more levels above as more states have legalized weed, and other states (and the federal gov’t) will see the tax benefits). 600 million net buys in the last few years after you take out the profit takers, priming this stock for higher levels as we ride the wave of weed legalization. Sitting in commons and playing the 10c’s for 12/18. Good luck if you play!! (Previously weekly highs of 14-15 in past couple weeks)