90-100 Million$ But market fumblingGreat news in a fumbling market. This news will kept the S.P. (Stock Price) afloat but won't move it up.
Today's price to watch WEED if goes under 62,30 or so. Aph if it goes under 17,20 or so.
APH : The next significant area of support lies around the $17.20/share area, which I consider the base of the September channel. Although that support was penetrated on September 14th by a brief and dramatic sector sell-off, an hourly close never breached this level. It is here I expect bulls to regroup to fight their next battle. A potential break of $17.20 would open the door to Aphria revisiting the September lows below $16.00/share.
WEED : Sector leaders Aurora Cannabis and Canopy Growth are still holding higher low patterns, thus remain in technical consolidation. However, the runway is getting short. For the sector to stem the damage, Canopy Growth, in particular, will need to step up once more. The key number here, in my estimation, is $62.02 (WEED),
Source Ben smith Midasletter.