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. > Don’t become a bagholder?

<< Previous

Bullboard Posts

Next >>

Comment by Ghostinthedarkon Feb 12, 2021 9:31am

196 Views

Post# 32550782

RE:RE:Don’t become a bagholder?

Essentially APHA is a falling knife.So, where is the bottom between now and earnings in Mid April,

You can get a very good idea by looking at a candlestick chart.

Take the weekly time frame,

and identify support and resistance---a horizontal line for support---the low for the day

And draw the same for the highs of the day

Looking at the chart, I see a major support at $16.03.

In my view, APHA can easily and most likely fall to this price or lower

And there is a major support below this price $11.17 (Jan 9

i am not making this up. All serious stock traders and investors use

1. a chart---buy the trend
2. support and resistance
3. moving average
4. volume---buying and selling
5 time frame analysis---stock could be going up on the 30 min time frame----and down on the daily, weekly, monthly time frame