APHRIA had been retesting at 18.80 for a couple days and today finally broke through and dropped a ways. If APHRIA drops to $17.50 and breaks the resistance it will be headed to break the $17 resistance line of the head and shoulders in which we’ll be seeing some lows again around $10 a share which would be good for a long term investment and entry before the 4/20 merger with TLRY. Of course on the other hand the $17 resistance could be strong and we could see Aphria jump from there.
Where do you get a 4/20 merger date? All I see are a couple shareholder meetings in April, 14th and 16th.
lukeswissman
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@Arcnail, :D I suppose it's merely a perfect dream date to merge on 4/20 ...maybe lookup 420 in the urban dictionary.
Arcnail
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@lukeswissman, well I know what 4/20 means, but just saying you sort of come off like it's 'the' date and that's not been released yet.. it's a date thats going to be important to Aphria holders.. so all good about having fun with it.. but we are talking money here ;)
MajorityUser
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During their December earnings call it was mentioned that the merger might be on 4/20