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APHQF

Aphria has to decideAphria appears to be in the final stages of a symmetrical triangle. A breakout is close to fruition. Although I am a optimistic in the long term, I am leaning to a breakdown here. The 50 MA (orange line) is hovering over the current price action, causing some resistance (reason #1). The Rsi, although low on the scale, seems to be turning lower which will indicate further selling pressure (reason #2). If you pay attention to the habits of the rsi in Aphria, you will realize that for the majority of the time, between every large oscillation, there is a smaller one formed in between (smaller one is forming and is currently pointing down). I am inclined to believe that the price action in the following days will be lower.
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by Fida4u
APHQF, Aphria INC. Possible lower levels to look at!Trying my best to keep things simple! Were at the bottom of a wedge, just floating in no mans land. We have the 618 right above, and the 786 below equal distance. On the 4 hour, you can see sell signals at the top of the wedge, creating the last selloff. No buy signals in sight besides the more irrelevant smaller time frames, with the Ichimoku cloud directing bearish. With the 786 level just right there below, Im lead to believe we will fall to that level into a wedge until the end of the year. I do see a bounce coming this week on my yellow brick road, but will ultimately fall to the lower levels. You can see momentum leading bearish as well, with the bolly bands tightening up month by month. Long term this will always do great, but I try to play the bounces with no emotion! Another level to be aware of is the $4.20 area, (ironic). Only if the 786 wedge fails to break out coming November! Happy Trading, Debating, and Speculating! I want everyone to win!
AShort
by ToddGreen
Aphria Rocking and Rolling over past couple daysAphria is breaking out of a downward channel and has repeatedly bounced off support in the $7.50 range. If we can close above 9.90 on the 4 hour chart, although there may be another couple of down candles I suspect a cup and handle will form and we will see price enter solid up trend with stronger buying volume. Aphria is one of the few profitable marijuana companies in Canada currently, with a ton of cash on hand to spend acquiring more valuable companies and property for production. I am very long on Aphria as there current business is not strictly dependent on recreational going live in Canada this year, and they have an eye towards international expansion.
ALong
by emgthomas
HMMJ: Marijuana dips dont scare me The marijuana sector is blowing off some smoke after the latest toke up party. The sector is news fueled and volatile but has many buyers on the sidelines so I expect dips to continue being bought. I am a buyer of support levels and a seller of major spikes when we're clearly over extended. Supports: 1) 13.83 2) 12.00-12.15 3) 11.13 Sell targets: Over-extended rallies where daily RSI is 70+ and we're showing weakness on 1-4 hour timeframes.
TSX:HMMJLong
by zbarrage