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Aphria Inc. APHA

Healthcare Drug Manufacturers - Major Cannabis
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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Post by Ghostinthedarkon Apr 08, 2021 9:54am
209 Views
Post# 32955961

Look for another lower low

Look for another lower lowProbably under $20
today
Friday is always a sell day, as traders close their position
fearing bad news, which might impact the share price on Monday.
And with earnings release on Monday that will disappoint, 
I expect another share price dump.

just my opinion based on charts.

Financials don't support this price of $25,$28,whatever...

Time to buy??? When the dust settles.

keep in mind that the candlestick chart is in a weekly downtrend...

And with bearish news expected----in the result of earnings that disappoint, there is no reason why APHA will not drop to the support I mentioned---$18.73 (approx)
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