CommonCentsforDollars wrote: TLRY March set an "all time high" monthly record for volume @ 331.84 M
November smashed that record @ 607.26 M
December volume @ 438.39 M
January volume has already surpassed Dec @ 529.2 M
Unprecedented volumes.
APHA-NASDAQ November set an "all time high" monthly record for volume @ 291.67 M
December volume @ 247.78 M
January volume has already surpassed December @ 273.24 M
7 more tradeable days of January to go.
Volumes are gigantic compared to the 2017 and 2018 spikes and those spikes didn't have the business behind it like it does now. This has a long ways to go.
The RSI was running hot and is cooling off with this consolidation. I think tomorrow we see a day that goes from red to green and back and forth with no real direction. Sideways day.
Last Friday there was a gigantic volume of short selling along with profit taking. There will be those looking to re-enter along with a gazillion shares that Short sellers will need to cover.
eom
momo
CommonCentsforDollars wrote:
Quite the trend difference over the course in Aphria's Monthly Volumes when comparing the TSX and Nasdaq.
The old NYSE/NASDAQ Monthly volume record was Dec 2018 - 259.56M shares traded
November set a NEW all time Volume record on the NASDAQ with 291.67 M shares traded
The TSX all time high volume record volume was Dec 2018 - 322.18M shares traded.
November on the TSX for comparison was a laggard at only 124.37 M shares traded