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.

Bullboard Posts

Post by MartialArtson May 07, 2018 10:40pm

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Post# 27995112

Bullish Market sentiment caught shorts off guard

Market Outlook

Bullish Stop Loss triggered today after a false short bearish candlestick pattern yesterday. It was definitely a day of high anxiety for shorts watching the sudden bullish move. The bulls now have the upper hand in the market. This bullish enthusiasm caught most short candlestick traders off guard without the forewarning of a bullish pattern. The previous SHORT signal didn't work out. Candlestick traders need to also look at overall market sentiment and oversold conditions. Sometimes, candlestick patterns falter. That's why stop loss are critical for traders, long or short. The bullish stop loss of the last bearish pattern is triggered today.

We might not see the sub $10s again on APH.