Saturday, September 8, 2018

Aphria Technicals The market is in highly overbought territory. Beware of a trend reversal.

Wall Street Mantra

Bulls Get Rich
Bears Get Rich
Pigs Get Fat
But Hogs Get Slaughtered

Take money off the table wait for a pull back and go back in. 

Bearish Hamari


Bearish Harami is a two bar bearish candlestick pattern where each candlestick has the opposite color. After a run-up in price, this pattern is formed when the real body of the second candlestick trades completely within the range of the real body of the previous candlestick



The Harami (meaning "pregnant" in Japanese) 

Candlestick Pattern is considered a reversal pattern. 



The pattern consists of two Candlesticks: Larger Bullish or Bearish Candle (Day 1) Smaller Bullish or Bearish Candle (Day 2)



An outside reversal is a price chart pattern that reveals when a security's high and low prices for the day exceed the high and low of the previous day's trading session. Outside reversal is also known as a bullish engulfing or bearish engulfing pattern when using candlestick charts.

Harami in Arabic means thief, robber.. etc and this is exactly what it is used for in stock market when Harami Candlestick comes after another candle in the opposite direction to eat some of the profit gained by the previous candle so it steals some of the profit hence the name Harami ( theif).




Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.

Gaps in price of stock always get filled during pull backs. Will this happen Monday? If it does then it could be the confirmation of the trend after Fridays close down from high of Thursday. 














Brokers MoMo Makers ALL Major Banks drove the stock down so they could suck up all the shares at a severe discount JUST in time the Constellation News explosion. 

Do you think that was by coincidence?  Of course its illegal but they fleece retail in 2 days by front running on news 2 days before the public release.

 And only the BOLD and STRONG who held on or bought low made money.   

Technicals = Success  This will be repeated buy when anonymous buys and sell when they sell. 

They will suck the price down ahead of ANY major news. They have proven that already. 

So FOMO Fear of Missing Out is making the stock explode. But the MoMo makers will always control the direction of the stock. 

And as long as there is millions to be made everyday in Cannabis stocks...
the Casino will continue until the MoMo makers have their fill .


2018-08-14TAPH9.459.478.628.72-0.9210,511,883

2018-08-13TAPH10.2010.209.519.64-0.554,675,863


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