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Barkworth
Apr 1, 2021 3:45 PM

APHA Larger Timeframe still bullish 

Description

We just need time...
Comments
InvestEmi
Could that gap up early January around 10$ provide for any downside pressure?
Barkworth
@InvestEmi, absolutely.
Searacine
How will their upcoming earnings report on 4/12 impact them? The expectation is it'll be an improvement over the last earnings report.
Barkworth
@Searacine, we'll see. If you're a trader, you know where your stops are. If you're an investor, you've taken reasonable profits at the $30 level. That means we have time to wait and let APHA execute.
Arcnail
@Searacine, Add into this the merger vote mid month (which I'm sure will go through) and then the flip of APHA becoming TLRY, whenever that will be after it.
justinl619
I know cannabis sector will be on fire again soon but if you look at Apple's chart, it is screaming sell. Would it drag everything down with it? What is your thought on that?
Barkworth
A market crash would tank everything. We’ve recently seen a few weeks of intense correcting, but cannabis held well.
justinl619
@Barkworth, price action precedes news. Hopefully we have some more good news for the cannabis market soon.
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