At the Mercy of the Bigger Markets

25. Apr. 2018

SPY, DOW etc. If they continue to perform poorly then so will Weed stocks. APH has held that trend and just touched the top of this narrowing channel. I have it going down again here. It should find support around 9.80 again before potentially bouncing. Right now the SPY futures are trading sideways this could change over night for the good or the bad. I will update this in the morning. However If you were looking to buy it might be best to wait for it to break out of this channel. 10.00, 9.80 and 9.50 should be support. 9.50 should also give us an RSI bounce.