RE:Covered Yes, I totally agree. The low to day is $19.78.
I will make an educated guess that Monday will be the low, just after earnings----
$18.73
or lower
guys are buying in now and boasting....
Theses sorts of retailers know f---king nothing about stock charts.
YOU NEVER by a Stock when the share price is in a weekly Downtrend... Why?
the stock is likely to fall lower---so you become a bagholder.
I have already saved $2.50 a share by selling my 1,000 shares two days ago.....
That's $2,500 saved.
Only Trade a trend or range.
Never buy a stock to go long in a downtrend.
Be very careful holding a pot stock during earnings.
The buy and hold strategy will likely make you a bagholder...
When to buy APHA again?
After earnings. After the dust settles.
When APHA begins to trade sideways or in a range....
And since next earnings will not be until August, yoy can scale in----buy a few hundred shares every weeek.
Never dump a large chunk of cash into buying of shares, because if the price falls lower, you become a bagholder.
Trade the trend, learn about bullish and bearish volume, understand the Moving Average/Moving Average Crossover, learn how to read a candlestick chart, do risk management, and control your emotions...
Can you handle the worst case scenario????
We have a fallling knife!!! where is the bottom???
Look at a candlestick chart. ( The more times a candlestick touches the same price and then reverses, the higher the probability of that being support.)
My guestimate, looking at a chart, the bottom is $18.73....or lower.
The TLRY scenario complicates the possible bottom.
But WTF do I know!
I am all cash!!
Wait to buy in until after earnings are reported Monday Morning.
I am
Waiting patiently
for a trange----over a fee days----...