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

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Aphria Inc. > Bottom of the Cup?

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Comment by CommonCentsforDollarson Apr 25, 2021 5:52pm

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Post# 33064226

RE:Bottom of the Cup?

Another chart I noticed floating around fintwit worth looking at. You can see the recent break through the upper trend line.

https://twitter.com/TalkinStonks/status/1386382537769963523/photo/1

I have mentioned the $17.18 TLRY support / resistance level on multiple occasions. It tested and crossed back and forth through that level 6 times on Friday. It did this however on very light volume but also the least amount of trading transactions Tilray has had in the last 3 months. We will need an increase in volume in order to Close above that $17.18 support level and start setting higher highs. I expect some short sellers will be wanting to cover this week before April 30th. Lets see if we get that increase in volume this week.

eom
momo

CommonCentsforDollars wrote: TLRY chart appears to be at the bottom of the Cup

https://chrt.biz/TLRY/12782uuexez/chart/

Cup and Handle 101

https://www.investopedia.com/terms/c/cupandhandle.asp