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.

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Comment by kingbearon Mar 07, 2019 2:21pm

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Post# 29456883

RE:RSI

the hrly RSI is still at 29 man. Aphria is simply following SPY. If SPY is green tomorrow Aphria will be green, it's as simple as that. If SPY continues to fall than Aphria will fall. This is why I was upset Aphria did not run this week like every other stock in this sector. Another run that Aphria did not participate in. What's new.

LongGuy wrote:
Notice how at 13:11 the rsi was at 28 at $12.97. At 14:10 the rsi was 36 at $12.95.

High rsi....lower sp....correcting.

This is what I was trying to point out earlier - oversold vs correcting.

Food for Thought...for the technically inclined to learn.

glta.

LongGuy