Hey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post.
In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more.
On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance.
My Long Term Bias is SUPER BULLISH
Whether it goes up or down, I will still be in it.