An up megaphone structure Expect bullish continuation as price rebounds of the lower band of the megaphone BULLISH
NYSE:APO Idea is simple: Long position when the price breaks out of flag ($75.85) Stop - close lower than $74.91 (-1.23% risk) Take - $81 (6.88% upside) Profit/Risk - 5.6 Feel free to comment / add a feedback
$APO - Apollo Global Mgmt forming a bullish ascending triangle pattern on the daily chart. Monitor for a break through $36.50 resistance level. Long term target - $44.00 by year-end Note: Informational analysis, not investment advice.
***Linked DD and Prior charts in Linked Ideas***
Before I begin I want to say that it has been a while since I've posted a chart on here. Taking into account that I have been very busy traveling and not trading much during the latter part of the summer. However I have returned and with my return a tremendous amount of research has gone into looking into what I can only describe as the next $OWCP my current play...
$APO moving north out of falling wedge on weekly. 50 MA below, 200 above. POC in low 20s