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Bullboard - Stock Discussion Forum 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... see more

NDAQ:APHA - Post Discussion

Aphria Inc. > Quick Charts
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Post by N00bInvesT0R on Aug 17, 2020 5:30pm

Quick Charts

I usually put USD and CAD prices but Nasdaq is where the volume is at and therefore where price level is more meaningful! Also if you didn't notice the USD ticker closed + 2,23% while the TSX ticker closed at + 1.00%.

Resistance

4.69$ USD is where it's at, we double topped there on friday (12 EMA Daily)

if we are to break 4.69 USD, I would look at 12 & 26 EMA to break first

4.79$ USD is next clear level after 12 & 26 EMA

Supports

Anything above 4.51 USD is higher low on the hourly time frame

Today low of the day 4.50 $ USD

Friday low of the day 4.48 $ USD

Wednesday low of the day 4.40$ USD


If we are able to set a hourly higher low and then an hourly higher high, It would be a bullish indicator that we are heading into the resistances direction.

If we cannot and it's a "fakeout" It will be a bearish indicator.

I guess I like to say USD even if at the beginning of the post I said that I will only mention the price level on Nasdaq.

Do we have a good chart growing? Had to say it ;)

Comment by GingerEnergy111 on Aug 18, 2020 8:35am
"If we are able to set a hourly higher low and then an hourly higher high, It would be a bullish indicator that we are heading into the resistances direction. If we cannot and it's a "fakeout" It will be a bearish indicator." Nooby - you are starting to talk like a seasoned analyst....a possibility for either direction!  (Jesting here - keep reading analysts ...more  
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