TradingView
ScotianBot
Oct 15, 2020 2:43 PM

Giant bullish flag or Descending Triangle for APHA. 

Description

APHA is trading back into a Macro Bullish Flag or Descending Triangle drawn in dark blue, we have seen a fake-out to the downside where I have the blue human body icon, this is potentially forming an inverted H&S, and at the same time APHA is trading back into the Macro pattern, which started becoming bearish Jan 2018 during the hype before Canadian Rec.

The KST wants to crossover bullishly, but is being rejected for the time being, you need to zoom in close to get a better view.

Potential merit for a Ascending Triangle on the RSI.

Comment

Is Aphria going to break-out of this giant bull flag!
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