Price rising into a historical resistance around 15.40,
Continuous Daily 10 EMA support for past 2 weeks,
Found Weekly 200 SMA support,
Monthly 21 EMA showed energetic support,
Elevated relative buy volume,
Key volume movement around 2.1M
We are in the last rally before a big collapse coming up. This will form a gartley which will then give a target of 5 that should be followed by a big rally.
What Is a Short Squeeze?
A short squeeze occurs when a stock or other
asset jumps sharply higher, forcing traders who
had bet that its price would fall, to buy it in
order to forestall even greater losses. Their
scramble to buy only adds to the upward
pressure on the stock's price
KEY TAKEAWAYS
*A short squeeze accelerates a stock's price rise
as short-sellers...
- Biden has used the defensive production act to speed up PPE delivery
- Alpha Pro Tech manufactures and sells disposable protective apparel and building supply products in the United States and Internationally.
- High quality producer of N95 Masks
- Double bottom @ $10.60 and recent break of a descending triangle structure
- 20/40 MA sloping up on the daily and...
APT has seen a nice bounce off the lows at the trendline which is confluent with an 886 fib retracement with Bullish Divergence on both the RSI and MACD and now it's breaking local resistance I believe we will push towards highs from here.
APT - Here We Are Again
BUYZONE = 10-12
1st Target = .236@14
2nd Target = .382@16
3rd Target = .5-.618 18/20
HODL Target = .786@22
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This content is for informational and educational purposes only. This is not in any way, shape or form financial...
The virus is still here, protective equipment will be needed even after the vaccine.
The company's sales are excellent.
Selling reality and not dreams ...
*** Long but not quite yet. Read the notes below. Watch this one very closely over the next few days.
COVID Play - This company produces PPE supplies.
COVID numbers should be climbing, regardless of vaccine progress, there will be demand for PPE.
Almost ready for a long.
If this count is right then short term it has one more visit of the 9.06 - 10.54 area.
If my...
I am at a lost for the wave pattern forming in APT. I was expecting a more impulsive move. I expect some consolidation ehre, then another push to atleast 18. Where a critical decision will be made whether we go past that or stop and head back down.
