Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer

NDAQ:APHA - Post by User

Aphria Inc.

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Comment by Gonetopoton Oct 10, 2018 7:50pm

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Post# 28777388

RE:RE:RE:457,000 shares sold at $17.51 after hours?

BREAKING DOWN 'VWAP Cross'

A VWAP cross requires a trader to closely follow a security’s current price and its volume-weighted average price (VWAP).

VWAP Cross Charting

Technical systems can typically be programmed to chart a security’s market price and VWAP through candlestick patterns and trendlines drawn on a technical chart. When a security’s price crosses a VWAP trendline then a VWAP cross signal occurs.

Traders typically consider VWAP trendlines similar to resistance and support trendlines. In a VWAP charting pattern, a VWAP trendline is a single trendline charted on a candlestick chart.

This price pattern focuses on the movement of the VWAP. For a trader using a VWAP trendline, it is important to understand the VWAP’s calculation.

VWAP = (Security Shares Bought x Security Share Price) / Security Shares Bought

VWAP is a moving average trendline that allows a trader to visually chart the affects of a security’s volume in comparison to its price. The VWAP calculation is centered around the volume a security is experiencing from day to day. Other potential volume variables that may be used in conjunction with VWAP include the Positive Volume Index and the Negative Volume Index.

VWAP Cross Signal Indicators

VWAP is a trendline that has two influencing factors: volume and price. Thus, several scenarios can occur from changes in volume and price. Generally VWAP can be a useful trendline to include on a trader’s candlestick chart. VWAP may be trending above or below a security’s candlestick pattern.

Inferences from the variables in VWAP are primary drivers of buy and sell signals for traders. The immediate affects of drastic volume and price changes that can be seen from following VWAP, make the VWAP trendline a popular trendline for traders to follow. If a security's price is trending below its support level, a rapid increase in volume and price simultaneously will cause the VWAP trendline to spike significantly, crossing over the security’s current price. This can create a potential bullish buy signal. Adversely, if VWAP has been high and spikes to the downside it can be a bearish sell signal indicating that the security is expected to trend lower following the cross pattern. Using a VWAP trendline and VWAP cross can help a technical analyst to detect price movement in securities that may not yet be fully factored into the security’s short-term or long-term price.