APHA is volatile, but I like its long-term prospect and its current technical setup.
I believe APHA has a good chance of breaking through its long-term downward trend. For the more conservative play, buy on the retest after the supply zone becomes the demand zone.
Mind the gap at $4.50. I share your bullish sentiment, but we should expect to see a gap close first. I mean to suggest that your stop at $4.83 is too high. It should be around $4.30.
Libratus
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@Barkworth, True. Placing stop at $4.30 is probably a safer choice.
Barkworth
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@Libratus, don't want to have the stop leave you behind and miss the rally. I want to see it continue higher. If not, I am looking to scale in from the $5.30 level.