RE:1.5 million shares traded ACB earnings are on the 11th if I'm not mistaken.
For Supreme, in the near term there will be a lot of resistance at 1.71ish, this is the daily resistance that was set a few weeks ago that needs to break, and is also the approximate 200 EMA on the daily chart (I don't have a chart open so I'm going from memory).
The issue with FIRE is a lot of people have held this stock for a long time while seeing negative returns in their portfolio, while all their other MJ plays have given 300-500% returns (ask me about my OGI and HEXO investments).
So, as soon as there's a run-up and they reach break-even they hit the sell button, and the SP drops back down once again. People who didn't sell on the run-up kick themselves for not selling, they become more bitter, and the cycle continues.
This causes a lot of long-term negative pressure on the SP, and there just isn't enough bulls on this name to break out, so it'll be a tough road ahead to get back over $2.00.
If some catalyst is released that gets bulls on FIRE, say an official announcement to enter the US market (which is literally the only market that matters), then we'll get moving again.
IMO
Any pumper that wants to respond to this, better supply actual FACTS or technical analysis. I don't care about your pumper platitudes about "weak hands" or "we will be rewarded" or wtvr. Facts or GTFO.