APHA Unclear Here
Panic in the markets yesterday. Indices looking for a healthy pull back, and it would bring many assets to interesting buying levels, APHA included.
CGC announced cutting production, staff, facilities yesterday, taking a $400M write down. Another confirmation that CGC is not doing as well as its market cap suggests.
APHA dip got bought and regained 4 hourly MA20, but that was probably just shorts covering? Anticipating a retest of the lows. Bulls need to hold $7.60 range. Below $7.50, the current count will be invalidated. FIB targets on chart.
CGC announced cutting production, staff, facilities yesterday, taking a $400M write down. Another confirmation that CGC is not doing as well as its market cap suggests.
APHA dip got bought and regained 4 hourly MA20, but that was probably just shorts covering? Anticipating a retest of the lows. Bulls need to hold $7.60 range. Below $7.50, the current count will be invalidated. FIB targets on chart.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.