curtmelonopoly

#Premarket Resistance Cluster Analysis on Cancer News

Short
NASDAQ:APTO   Aptose Biosciences, Inc.
Technicals:
1. Trading 3.69 in premarket, up 16.04%, as of writing
2. Fitting tangent lines on the chart, which has all-time highs at 3.88, uncovers a cluster of resistance
3. MACD and price action are parabolic, with current red candle signaling a possible bearish reversal through its main horizontal supports (red-dotted lines)

Fundamentals:
Protein Targeting License Agreement for Cancer Treatment: https://finance.yahoo.com/news/aptose-biosciences-announces-exclusive-license-120000769.html?.tsrc=rss

--
For the complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact

Trade closed: target reached:
Price sliced through all its support levels on an intraday short-sell, and is working through a reversal now. Position closed.

Compound Trading Group | Founder

New World Ecosystems of Decentralized Finance

#DeFi #MachineTrading #Crypto
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.