Recently, Aphria went all the way through our blue trading zone and we believe that the bearish movement should be over now. From here, we expect the stock’s price to increase again and crush through the mark at CAD28.78. All in all, we expect prices of above CAD37 to become reality in the near future. With a probability of only 30%, there is a chance that the price drops below CAD17.51, but this gives us only more profitable entry points.
Don’t miss this chance!