Perhaps a little more detail as 23-27 range is a very basic summation.
Low of 18.5 to the high of 28 commenced the symmetrical triangle which trading has since been confined.
The recent price action sees support at 23.5.
The intersection of the trading is about to merge, meaning that price has to break one way or the other very soon from within the narrowed trading range.
I suspect we will see a volume lift very soon and the price break offering clear direction.
MMJ Price at posting:
25.0¢ Sentiment: None Disclosure: Held