9 looks like the bottom. May Retest

Apr 9, 2018

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.