9 looks like the bottom. May Retest

WEED Losing 26 caused the whole MJ sector to dump .APH stood up reasonably well. Bull volume kicked in right at the bell (see 5 min chart). Looking at the Daily we closed right on last Wed's support which sent it back to $11.00. If this support doesnt hold up in the morning I expect another run down to 9 where the RSI should kick back in and send it back on a run. I can see a recovery of at least 12 in the near future. I will be looking to play this one if it touches 9.05 or if it bounces and retraces 9.70 a break of 10.55 should send it on a big run just like the last time it broke the 200 day MA.
Chart PatternsTechnical IndicatorsTrend Analysis

Feragatname