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APHRIA

Aphria - Inverse Head & Shoulders to Watch on WeeklyI'm a big fan of weekly time frame analysis, the larger time frame offers in my opinion greater strength behind any pattern- bearish or bull. I'm watching for an inverse head and shoulders to form, with the near term 7.35 resistance converting into support and offering a leg up into 9.10 A break of the 9.10 neckline will offer further upside, however I do not anticipate this will break on the first attempt rather pullback into 7.35 area confirming it as support and finally painting the inverse head & shoulders pattern everyone will be watching. I'm just watching for the potential formation a few weeks in advance. Disclosure, I do hold an existing long position in Aphria (APHA)
ALong
by tomthetrader1
Is APHA trading in a micro descending triangle?It' possible that if this pattern plays out to the downside Aphria sticks in a Triple Bottom some where equal to the previous two bottoms where I have the green volume icon, ideally the third bottom should be higher than the previous two. Key Takeaways A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears). A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance. There should be an existing downtrend in place before the pattern occurs. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal. Only time will tell, but on a five year chart there's merit for a giant bull flag, see attached chart, or it's possibly a descending triangle. But you can also see a inverse H&S, a lot of familiar bullish patterns.
ALong
by ScotianBot
APHRIA - Weekly support, resistance and trendlinesDecided to take a look at APHRIA on the Weekly (1W) chart, solely looking at: - Macro trendlines - Major support and resistance (i.e. major buy and sell zones) That's it. This is solely of interest, I suppose, to a positional trader. I am interested to see: - Will the price action bounce against the current macro downtrend in the next few months (this has not been tested since late 2018 and could be disputed I suppose) It would have been a glorious positional trade to buy that major support, it wicked down beautifully into that zone.
A
by emotionallydetached
APHA dumps more while investors wait for company responseIt's now been three full trading day and Aphria still has yet to challenge head-on the allegations of a short seller who put together a compelling storyline. The only response so far has been to dismiss the claims, and this lack of response has seen the stock lose half its price in three days. In this video I discuss where I see the short term action heading, some comments on my last video, and why I would not recommend friends or family investing in Aphria
A
by McGuireTO
10
APHRIA price crashing after credible allegations levelledAPHRIA is under a short attack, and down 40% in two days after credible allegations have come out about fraud, stealing investors money, and dilapidated international facilities. I have no way of knowing if these allegations are true or not, the truth is probably somewhere in the middle, but the video is very damning. The short seller took a flight overseas and did boots on the ground due diligence, gave a 47 minute presentation, and took questions form the audience. Aphria hasn't responded to the allegations and their stock price is crashing as a result, and will likely continue to until they can stand up and give credible evidence to refute the allegations. Please watch this video, whether your in APHA or another stock in the sector, so you are aware of what's going on and make your own decisions. Keep in mind this drama is a millstone on the entire sector, and other names in the sector are having correlated bearish reactions to this problem facing Aphria. www.youtube.com
A
by McGuireTO
9
TGOD - BREAK UP or DOWNDear Traders, Let's have a look at TGOD. Price dropped like a dead mouse before, but TGOD did create a nice bounce which I predicted in my previous TGOD TA. Now the question is will it create another run, or will it drop to a lower low. Looking at the chart and the indicators there is more reason for it to drop then to break out if i'm being really honest here. RSI shows bears are in control, so does the MACD Histogram. Price action should break above 3.71C$ in order to show that the bulls have taken over power. However, if the bulls can't maintain to support at 2.98C$, then we will see another drop to around 2.84C$ and if that doesn't hold, 2.45C$. Let's see how this will playout on Monday. Really good news would enable the bulls to breakout, but without news, and with the sector falling, TGOD might see another drop sooner than expected. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
TShort
by Raw_Blitz