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. > Bearish reversal on the hourly

<< Previous

Bullboard Posts

Next >>

Post by stocktradinguruon Jul 13, 2020 4:31pm

210 Views

Post# 31262304

Bearish reversal on the hourly

Candlestick chart---after topping out at $6.75

The 5 day moving average is
$5.91

The 20 day moving average is $5.91

The state of California announced a rollback this afternoon, closing the doors to reopening..

Afterwards stocks began to tank...

You should expect APHA to drop to the moving average or lower before earnings release at the end of month.

Bearish reversal on the hourly time frame.