Bullboard - Stock Discussion Forum 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... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > Based on the daily chart we are at least 4 to 5 trading

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Post by Daredevil1964 on Aug 14, 2020 4:09pm

Based on the daily chart we are at least 4 to 5 trading

sessions away from a MACD crossover, maybe then we will see some SP movement upwards. All the US MJ plays are stealing the thunder. We should see an oversold bounce as well. ACB really got an oversold bounce, that is all it is to their price action. Aphria is on a holding pattern basically until news or next ER. That upgrade we got before earnings seems to have not enticed a rebound back to the analyist's price. This being summer's end coming, unless there is news, Aphria will continue to hang in the 4.50 USD area.

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Comment by mrwestcoast on Aug 14, 2020 4:28pm

Averaged down Aphria today (-11.97%) at the moment, now (-7%). Canadian lps have upside to leading US companies. Added to HMMJ position in anticipation, Aphria 3rd largest holding, unreal yield at 14+% consistent dividends.

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Comment by N00bInvesT0R on Aug 14, 2020 7:41pm

Without going into details, I prefer to make sure that the lowest bears are willing to drop us is already set (5.84 CAD) The way we ended the week Bearish engulfing daily candle with higher volume than yesterday not convincing! I wanna see an initial bounce from the bulls on Monday 5% then another 5% Tuesday. Then start consolidation Wednesday and hit the low of consolidation on Thursday, to set a ...more

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Aphria Inc.