Pot Stock Take Off

2019年8月2日

This stock took off today after reporting positive earnings. We will be watching this stock for a continuation trade tomorrow. Main levels to watch are 7.45, and 7.00. If you're looking to go bullish, watch 7.45. And if you're looking to short this stock, watch the 7.00 level. Maketshare News: "Aphria shares soared 38% Friday to lift the broader cannabis sector, after the Canadian company posted a surprise profit for its fourth quarter and offered upbeat guidance for fiscal 2020. Aphria APHA, +40.96% APHA, +40.14% said it had net income of C$15.8 million ($11.9 million), or 5 cents a share, compared with a loss of C$5 million, or 43 cents a share, in the year-ago period. Sales rose more than tenfold to C$128 million from $12 million a year ago."