The market has been undecided about APT for the last six months. As a result a channel formed between approx $10 -$15. On the back of large volume that channel has been broken to the upside. Additionally senate enquiry findings was also met with large volume pushing the stock higher. Conclusion, market looks to have made up its mind on APT & looks a high probability proposition to test all time highs.
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APT flying high. Tomorrows (Monday)volume may be telling. Will be worth keeping an eye on especially with last Fridays bearish close.
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Got to love a positive Friday close. Nice retracement /bounce last week off some major levels. APT flying high, no one wants to sell!!!!
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APT, currently very close to 100% gains since channel break out, also interestingly, the last week or so APT hovering around 1000% gains since IPO.
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Struggling to bounce off the 18EMA. Possible counter trend line forming. Also Some key levels acting as resistance.
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Was expecting a bounce by now. Counter trend line looks to be solidifying. Time to hit the sell button. Good luck all!
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Totally out today. Been a nice earner although def should of sold a little earlier. Fundamentals still look awesome but from a technical perspective I cant get a read, so I'm out.