TradingView
Barkworth
Mar 4, 2021 6:36 PM

APHA - We'll just have to wait 

Description

Looks like this. We'll see...
Comments
electricturtle
we saw! great eye though. well spotted.
Barkworth
@electricturtle, Minute count invalidated, but proposed corrective structure intact. Not a triangle, bottom wasn't in, but now we see a channel. It would be reasonable to anticipate a bounce from Friday's close to at least the 2018 high. I'm still bullish on the stock, especially now that we are back at the levels from where the parabol took off. Could still see another low. We'll see...
electricturtle
@Barkworth, I'm not sure. Your technicals are much better than mine, but I'm seeing a strong downwards channel from March 2-March 5. BB "bands" also show the beginning of a strong -2 trend, but its clearly testing it and could be due for a rebound, but has not broken outside the upper channel yet. RSI not showing me anything. Could return to support at 16.50ish b/c channel is not really well established (relative volatility tested it on the 5th). You had a good eye to spot that triangle. I'm only 6 months into this, so I'll definitely follow any updates you post about this.
Barkworth
@electricturtle, Yup. Channel. Well spotted. I've since posted a new idea.
More