Aphria Inc (fka APHA)

[rjunior79]

Aphria is a stock to watch here is why: We have multiple patterns in play. #1 Short term it drew a failing wedge which I think it will break today. #2 Mid term we have a 29% symmetrical triangle (if #1 break, it breaks out of #2) #3 We have a cup handle play (#2 & #1) If we break to the upside my target price is between 7.30 and 7.60 All indicators look week at this point, but note that it bounced off the 50 and 200 SMA. The indicators will be better once it start going up.