Aleafia Health Inc ALEAF

Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across Canada. The Company operates two licensed cannabis production facilities and operates a strategically located distribution center all in the province of Ontario, including the largest, outdoor cannabis cultivation facility in Canada. The Company produces a diverse portfolio of cannabis and cannabis derivative products including dried flower, pre-roll, milled, vapes, oils, capsules, edibles, sublingual strips and topicals. It markets and sells cannabis products through regulated intermediaries into selected international markets, tactically sells cannabis products into Canadian wholesale markets.

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Aleafia Health Inc > AH chart

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Comment by myfistyourbutt on Aug 12, 2020 10:42am

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Post# 31397659

RE:RE:RE:RE:AH chart

stocktracker why is someone a short if they call out Canadian LPs as a bad investment??

Look at the sector, look at which companies have had growth..

This board is just as bad as the democrats.. You cant speak the truth without being ostracized.

Its not a buying opportunity when poor earnings bring the stock down its a reflection of the company and the Canadian Marijuana industry..

stocktracker101 wrote: ok..lol
I got a small fill at .53 and a larger one at .54.
So I am ok with todays price action.
I anticipated it so its no surprise to me..
Shorting and day trading is the majority of this stocks price action..
Read my post below...
.55 is support and the 50daySMA..
Aleafias numbers are much better than the rest..
Aleafia had the same sales as cronos... LOL
q3 & q4 numbers will be much better.
but to each their own..
If what you say is true than this is a great shorting opportunity for you.

myfistyourbutt wrote:
Same story.. weak hands this, weak hands that.. buying opportunities, ill buy more of it drops under this or that...

At some point reality will set in, Canadian LPs are just not where the money is going.

US legalization is coming and thats where the money is going.. You are chasing a unicorn with these theories of 'Buying Opps' and 'Weak Hands' ..

There are no weak hands , the stocks are being dropped simply based on true numbers from earnings.

stocktracker101 wrote: week hands get fished in every time

stocktracker101 wrote: Support has been at the 200sma .57/share (green line on the chart below) over the past 4 sessions.
If it loses that look for it to drop to .55 (50sma - yellow line on the attached)
Another point of support will be along the purple trend line on the chart...
Also, the macd is losing momentum so its looking a little bearish. 7 of the last 9 days have closed red and a change in trend will come sooner than later.
Even if earnings aren't good, I am not anticipating that much of a sell of.. A drop into the .50 to .55 range will provide a nice buying opportunity. Close to that trend line..
see the chart below

https://www.tradingview.com/x/yk3VeCGN