Got a bullish position on APHA as it consolidates and appears to be forming a nice wedge/base. Risk is that earnings is out this Friday and it will include post recreation sales, which I don't think will be as good as everyone thinks they are. However, APHA has been beaten down and I still think it could rise post earnings on positive outlook, especially as more stores open and production continues to increase.
Stop is obviously on a breakdown of the wedge.
Stop is obviously on a breakdown of the wedge.