I usually trade options but wanted to take a small position here. We have APT with a nice PE ratio of 14 and great earnings. The ROE is 34 which si excellent. The risk is that they are tied to COVID in their sales, but sounds like their other product lines are not doing bad. Since they have sold off and are at a decent support level with a bounce along with the...
After backtesting pitchfork projections with other markets that had the same pattern I got this pitchfork projection. This will be a long slow grind to 40+ if I am correct. the vertical lines are time bars where I am expecting highs.
Possibility of move
(Hypothesis only)
same for : AHPI Allied Healthcare Products, Inc. (AHPI)
Masks can lead to ‘enormou Allied Healthcare Products, Inc. (AHPI)s’ economic gains, Powell says
A company that manufactures masks and medical equipment.
Fed Chair Powell: "Wearing masks can lead to 'enormous' economic" \ gains
Yahoo Finance • September 4, 2020
This is unlikely to be an impulse and more likely to be a double zigzag. Based on the retracement of the correction of the labelled x wave, this is unlikely to be a 4th wave because it is too deep. 4th waves are rarely greater than 50%. THe other reason this is unlikely to be an impulse is because the wave 2 is already deep so based off of rule of alternation wave...
I know my timing on this has been off and we continue to be making lows. I was wrong. This is a EW count. Since the low around 9 back in March we have been making 3 waves. This may be an expanding diagonal. Wave 4>2 and Wave 5>3>1. Note I do not know if we have bottomed yet in wave 4, but this is a valid and excellent count if we were to start rallying again.
Super, Exciting Time Cycle Identified for VIX and CV stocks. There is a major time cycle(semi-circles) and minor time cycle (lines) running. The major time cycle bottoms around the 17th of August. So look for a top in the market then and a bottom in VIX and CV stocks. This will be followed by a rally in VIX/CV stocks going in 2 phases/cycles with a minor top in...
3x EV/sales
13.6x Ev/Ebitda
huge rev spike this quarter
really clean BS
4.8x P/B
gross margins 43.9% in q2 -
q1 gross margins 39.5%
net margins at a healthy 18.5% in Q2- from 13.6% in Q1
AMEX:APT
Clean S/R flip on the 1W chart of a main horizontal resistance for Alpha Pro Tech. Massively bullish chart from a technical standpoint with almost a picture perfect "buy" signal if we can break this ~$18 region.
Fundamentally if a mandatory mask/face covering order is put into place by the US government, I think that would seal the deal for a new ATH...
I don't believe we topped on this stock yet. The best harmonic that fits it is a bat harmonic which means we could see a retest of ~40 area. The EW structure we are in fits best with a B wave that is forming a triangle. This will be a long grind up imo. And we will have to wait until fall before we can reach that elusive 40 area.
Took an entry here on swing trade on APT.
Entry between $20.00 - $20.50.
Stop Loss at: $19.40 (around 4%) -- You can even go tighter on this one if you'd like
Profits: $24.00 (around 19% profit)
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed...
