Jan. 20 at 10:57 AM
$AKAN continues grinding while pressure builds for a
$2 reclaim. This is no longer just sentiment — it’s structure.
Key facts 📊
• 52 week high ≈
$43 (post RS)
• Ultra thin float amplifies moves
• Short interest elevated with rising cost to borrow
• Liquidity tight — supply dries up fast on volume
Business shift 🧠
AKAN has pivoted away from legacy cannabis toward telecom infrastructure via First Towers & Fiber in Mexico. Revenue generating towers + fiber assets create real optionality, not vapor.
Why
$2 matters 🔑
A clean break and hold above
$2 flips trend, forces repositioning, and exposes shorts to momentum risk.
Price targets 🎯 (speculative)
• Base reclaim
$2–3
• Momentum
$5–8 🚀
• Rerate on execution
$10+ 🔥
Context 📈
Low float names don’t need perfection — just imbalance (
$SMX $SPHL $VERO $AMT)
Bottom line ⚖️
Bears and bulls need each other. Execution decides the next leg.
