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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

Bullboard Posts
Post by ItsLevels2Thison Sep 14, 2018 8:17am
295 Views
Post# 28618656

Technical Analysis

Technical AnalysisWe are looking really bearish going into today but take it as a nice discount to reload for next week. I definately see this going below $16 but not very far below that. Im going to say 15.90s quick then up. I think today we will see a slight bounce but overall be trending down. News over the weekend can change the direction instantly just like we saw with canopy when the charts looked horrible there too.

Middle Bolli sitting just under $16, MACD curling down and about to cross, RSI cooling off, CCI crossed and gave sell signal, money flow is coming out of the stock, ADX snapped and crossed as well. ALL indicators showing bearish signals right now but like i said that can all change with one big news release.

GLTA here and trade wisely my friends!


--LEVELS--
Bullboard Posts