Aphria breaking out of downward channel, bouncing off support at $7.50. Buying volume looks good, and when there are sell-offs it is on much lower volume. Breaking out of resistance and closing above $9.95 will be very good for the mid-term, closing above $10 will break huge psychological barrier and probably lead to a nice run up long term. Aphria is a great company, planning for the long-term beyond just hoping for nation-wide legalization in Canada later this year. They have a lot of cash on hand, and continue to eye new opportunities both within Canada and abroad.
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