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APTOSE BIOSCIENCES INC - NASDAQ: $APTO Rounding Bottom

NASDAQ:APTO   APTOSE BIOSCIENCES INC
Since October, shares of APTOSE BIOSCIENCES INC - NASDAQ:APTO appear to be forming a rounding bottom and recently, have witnessed the recapture of its 200 DMA as well as a noticeable pick-up in volume as we can observe from the Daily chart above.

In addition, APTO now finds itself trading above all of its important moving averages 20/50/200 DMA's, which is suggestive of a healthy technical posture.

While further work is required, both investors/traders may want to continue to monitor the action closely and in particular, should APTO be capable of taking-out the $2.45 figure at any point in the days/weeks ahead, such development may just trigger its next advance into higher ground with and initial $3 - $3.50 objective.

Nonetheless, the recent action in APTO is encouraging and both investors/traders may want to put the name front-and-center on their radars for further clues/evidence that things may be about to pick-up n earnest.
Dec 26
Trade active: $APTO delivers 138% gains in 6 months.

Congrats to all who participated!

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terrific call
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Looking good.
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@tlake412, yes. Thanks for commenting. We welcome all input and ideas.

Thanks, again!
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