Long
APHA | Bull flag breakout
Hi all,
APHA seems to be testing a breakout of a classic bull flag formation on the 4h chart.
Upside could be significant, I see this retesting $24 in the coming weeks if the positive Cannabis legislation keeps coming.
Any thoughts?
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
APHA seems to be testing a breakout of a classic bull flag formation on the 4h chart.
Upside could be significant, I see this retesting $24 in the coming weeks if the positive Cannabis legislation keeps coming.
Any thoughts?
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Nota
Still in the flag, yesterday's bull trap was quite nasty. This could test 14.90$ again before popping. Would be inclined to add in that range.
Nota
We can sure call this a nice breakout. Lovely continuation of last week through this week. For traders, I recommend $24.3 as an exit point.
Long term holders should see this as the beginning of a similar run up as last Oct - Jan
Nota
Current price action is forming a bit of a wedge inside of this breakout impluse move. Looking for a pop to the upside to complete the bounce back to 24$
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.