isnarain

Massive Short Squeeze Anticipated Later This Week

Long
TSX:APH   None
So, where do I start. Dip today was anticipated on wild volatility. Key Resistance is holding (possible dip to 11.40), this will be followed by a resurgence of SP. This resurgence of SP will be in line with what we expect will be one of the largest short term price gains we will see this year. This will be in coordination with the senates vote on legalization this coming June 7th. We anticipate SP to be range bound from a low of 13.50's to high of 18.00$ ps by June 7th vote, catalyst will determine price movement in the short term (Extremely bullish short term outlook). Indicators are dictating massive support at 11.50's, key resistance levels are weak. Short squeeze is evident. Expect a substantial rise in SP before the vote, followed by a cool of period. If, the vote is deemed a success, you can expect a continued bullish outlook for the medium term with renewed 52 week highs leading into late summer. Based on our indicators, 6% probability of SP going below 13.50's or higher than 18.00$ ps by June 7th, future catalysts could sway odds either way. For those following my posts, anything about 11.50's would be considered an extreme buy (Not often you hear that one!).
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