As said, the pre earnings impulse was impossible to count. Now that that we have our correction, we know the top is in, and we can fill in the blancs.
The bull thesis is valid as long as APHA doesn't fall below $4.16.
There is a gap to close at $4.42.
This sell off was nonsensical, in my opinion, even though it was expected after such an insane pump. Still, make no mistake, APHA presented solid earnings. Once we have a bottom, we'll see APHA start minor wave 3 of intermediate wave 3. That will be the one nobody should miss.
The bull thesis is valid as long as APHA doesn't fall below $4.16.
There is a gap to close at $4.42.
This sell off was nonsensical, in my opinion, even though it was expected after such an insane pump. Still, make no mistake, APHA presented solid earnings. Once we have a bottom, we'll see APHA start minor wave 3 of intermediate wave 3. That will be the one nobody should miss.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
Alternatively... anything is possible. The industry has momentum, and any political news or other news could lead to an immediate pump. I have no idea if that gap at $4,42 will be closed, but until I see a clear reversal, I am cautious.