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

Comment by MartialArtson May 13, 2018 1:22am

248 Views

Post# 28023359

RE:RE:RE:RE:Bullish Alert: Target price $12.00 - $49.00

I'm revising the price target from $27.99 to $49.00 medium term based on the APH weekly specific symetrical Triangle Continuation.

We need to remember that charts only show trends and well known patterns used by technical analysts. They don't predict the future when there are events not factored into the price. For APH, the biggest event short term is the announcement of the supply agreement with the distribution OCS system in Ontario. That will be explosif since Provinces always favour large established producers in their home turfs. APH is Ontario based.

Here is the charts but the number are "off the charts".

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