RE:Chart Man very bullish on APHDuediligence33 wrote: Chart Man Dan loves the "blue sky breakout" stocks that close on the highs of the day
He trades from the USA and he has many trader followers with huge cash to infuse a run
On Friday Nov 25 the US market closed at 1:00 pm when APH was $ 9.75
So the run up of 50 cents to $ 10.25 all time high and close of $ 10.21 was ALL Canadian buying.
Watch out Monday when those USshort term traders push it up as high as they can as they did for Aurora from $ 4.00 to over $ 7.00 in just 2 weeks.
Aphria has the goods and is a real profitable company that will be demo started in just 6 weeks at the January earnings including all phase 2 and LHS appreciation.
Easy $ 11.50 to $ 12.50 very soon then consolidation back to $ 10 to $ 11 at Christmas then in January earnings the push towards $ 13 to $ 14 especially after TMX formally closes the US issue.
www.chartguys.com Canadian Marijuana stock analysis
Jesse Livermore trading rule #11;
#11.) "I become a buyer as soon as a stock reaches a new high on its movement after having a normal reaction".