APHRIA - Weekly support, resistance and trendlines
Decided to take a look at APHRIA on the Weekly (1W) chart, solely looking at:
- Macro trendlines
- Major support and resistance (i.e. major buy and sell zones)
That's it.
This is solely of interest, I suppose, to a positional trader. I am interested to see:
- Will the price action bounce against the current macro downtrend in the next few months
(this has not been tested since late 2018 and could be disputed I suppose)
It would have been a glorious positional trade to buy that major support, it wicked down beautifully into that zone.
- Macro trendlines
- Major support and resistance (i.e. major buy and sell zones)
That's it.
This is solely of interest, I suppose, to a positional trader. I am interested to see:
- Will the price action bounce against the current macro downtrend in the next few months
(this has not been tested since late 2018 and could be disputed I suppose)
It would have been a glorious positional trade to buy that major support, it wicked down beautifully into that zone.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.