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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

Post by N00bInvesT0Ron Aug 12, 2020 5:10pm
342 Views
Post# 31400313

Chart Analysis

Chart Analysis

First of all, a green candle on the daily timeframe !!!


We closed the day with a 15 min trend change which means that  we have potentially set an hourly higher low of  5.89 CAD or 4.45 USD.

Need to break 5.99 CAD or 4.53 USD to confirm hourly  trend change

We will then look at 6.20 and 6.24 CAD or 4.66 and 4.67 USD resistance on the daily timeframe.

If you miss my fundamentals , APHA registered higher rec sales than WEED if you didn't notice or followed Canopy Growth Earnings.

Hopefully one day Aphria wins in the numbers when it comes to market cap, not only EBIDTA positive or overall revenues.

it's all about seeing if we have a great chart growing ;)

Good luck

 



 

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