Aleafia Health Inc (fka ALEAF)

[OhManIDied]

Chart is notably oversold here and appears to be bottoming per RSI and slow stochastics.

Approaching break-even on the relatively small number of warrants below $1 which are priced at .5 and .55 per unit. With that said: this weakness is starting to appear truly irrational and overdone; I'm nearly out of explanations for it other than MMs or similar entities loading for a run.. we obviously wouldn't expect any sort of pending or inevitable financing activities to be an incentive to push it lower considering their significant cash position.

With respect to cash: we can expect it to be larger than last reported due to reported profitability and a deposit refund from the recently-terminated Aphria supply agreement.

OMID