Barkworth

APHA Bull Count

Barkworth Updated   
NASDAQ:APHA   None
As pointed out yesterday, a break above that diagonal would be bullish. We got that break and it tested $6.59. Currently resides exactly on top of that diagonal, and looks like we have some upside.

Congrats if you followed me, and were long from the previous entries.

I'm disappointed because it looks like we won't get the gap fills to accumulate, but if this continues, we still have opportunities to add a few bags to our positions.

Potential bull targets for this move $7.49 - $8.37 - $9.33 and $10.21

Needs to stay above $5.73 for this alternative to be valid.
Comment:
If you do find yourself sidelined here, don't panic... There will still be many pivots to go long.

Comment:
PS. ANY of these pivots can extend. This is merely a bullish projection, based on the most common FIB levels. The ultimate bull target is somewhere in the $20 range.

Also, don't forget that these guys could decide to issue shares to raise cash at any moment.
Comment:
Alternative bear count in red


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