Panjang
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 $24.3 as an exit point.
Long term holders should see this as the beginning of a similar run up as last Oct - Jan
Nota
Current price action is forming a bit of a wedge inside of this breakout impluse move. Looking for a pop to the upside to complete the bounce back to 24$
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.