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.

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Comment by Justfishin73on Apr 07, 2017 9:40am

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Post# 26090652

RE:RE:RE:Technical Analysis: Ascending Continuation Triangle

ItsLevels2This wrote:
being a technical analysis trader, i disagree with it being WAY overbought as 80 doesn't always signify that at all. Look at the past runs on Aphria for example; the RSI has reached 88-90 range and it still continued the uptrend. I agree it is getting a little overbought but with the catalysts and upcoming news, this will easily trend with an RSI of high 80's without any significant pull backs. Also the upper bollinger band is holding nicely which is sitting around 7.22 region.

i fully expect this to test 8's soon and whether that breaks or not is anyones guess

Levels

Sure nothing is priced in already?.......

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