As shown on the chart since erly October,ACB has been traded below the green trend line on the daily. It finally broke above it this week,but follow through is yet tobe confirmed. On the macd side, divergence has been building up since early October too as shown by the green trend line. It is important to note that since the middle of May 2019, MACD has always...
Looking very good. Respected FIB levels, set a daily higher low and lower high with clear pivot points. I'm currently looking for clues as to where it may be headed. I picked some up at $2.20, so I am in a very comfortable position, but I would like to add some. It may go lower from here, or it may try for the MA50. A close above MA50 would be a buy signal for me....
Good evening Trading viewers, I present to you my second analysis on weed stocks. Is it a voodoo or a complex set of modelers in background or a mystic play of my mind. The infinity governance of time and space has played in part lower single digits. The axiom quantification of price says tlry $50, is it possible?!!! Stop loss 1$. We will see, maybe i am right or...
APHA is running at 1.7x sales with 450% growth on the top line. The bottom is in. The $5 level has a target painted on it over the near term.
A week or two ago, I published this enormous Cypher, and though I never actually trade of this kind of pattern, I figured APHA's valuation justified an entry. I bought at $2, and figured to see where it would lead. It bounced nicely from there, and I'm already enjoying about 60% profits. I haven't taken any profits yet though, so it is all still just very...
Harmonic pattern shows retracement is complete. But that doesn't mean the bottom is in. Solid fundamentals, more than one year cash runway. One the markets bounce - and the will, eventually - APHA is likely to be among the winners.
I expect this to explode to the upside if Bernie Sanders is the democratic nominee. Pay attention.
Head and shoulders complete. Slight pull back, make or break time. I guess earnings wasn't what we wanted to see? I'm waiting for a bullish break to get in. Yalla! Let's go!
Hello Traders! Today’s chart update will be on APHA which is forming an inverse head and shoulders, close to breaking its neckline. Points to consider, - Trend change attempt - Structural Resistance/ Neckline being tested - EMA’s acting as support - Stochastics in upper regions - RSI at resistance - Volume increase APHA is attempting to change its trend...
It' possible that if this pattern plays out to the downside Aphria sticks in a Triple Bottom some where equal to the previous two bottoms where I have the green volume icon, ideally the third bottom should be higher than the previous two. Key Takeaways A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the...
Have a great day all
Hello traders, Apologies, been under the weather the past few days, but now I’m back! Today’s chart update will be on APHA – APHRIA Inc – Canadian MJ. Which has been in a brutal down trend, but there are signs of a possible reversal… Points to consider, - Trend Bearish - Support at $3.90 Region (double bottom) - Price testing resistance - Stochastics...
After he big bounce, $APHA corrected to find a higher low, lower high, and today higher low again. Should break the equilibrium bullish as the bear volume is decreasing!! LETS GO
Been calling $12.5 for a couple weeks now, and a few things making this setup perfect. 1. It's reaching this level in extreme oversold conditions 2. Overall market on fire at ATH rn. 3. Santi Claus is coming? Looking for a really nice monthly bounce. Below are my targets, and whether or not I take profit at 1 or 2 depends on how we get there. Target 1...
possible count, eyes on 4$
$APHA is out today with a strong earnings report and the fundamentals point to the worst being over for the company. Here are the highlights: Cannabis products producer Aphria (NYSE:APHA) is up 22% premarket on light volume in reaction to its fiscal Q1 results released this morning. Highlights: Revenue: $126.1M (+849%); adult-use cannabis revenue: $20M. Kg...
I hope not, but hope isn't a good investment strategy, and with the negative sentiment in the cannabis industry I wouldn't be surprised to see this get down to 1.10. This could be a giant bull flag as well, but I don't know were the buy pressure will come from in this sketchy market? Time will tell per usual.