Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel and infection control, and building supply products in the United States and internationally. The company operates through two segments, Building Supply and Disposable Protective Apparel. The Building Supply segment...
After careful review, I've come to the realization that my initial count of an impulse may not be correct. The reason is because the supposed 4th wave is much too deep in tradition EW analysis. It retraced 61.8%. What is a possibility is that this is a massive corrective structure. THere a set of zigzags to start, and now we are in b of B that looks to be making a...
We are in the 5th wave and rn we are at a crossroads. We could subdivide the 5th wave, which is most likely or the 5th wave is over (orange). The other options show what will happen if the 5th wave subdivides. The purple path is if we are in wave ii of 5 and the blue path is if we are in wave (ii) of v of 5.
APT was a play we signaled back in the $18.50 area as a possible breakout R/R setup. Now, we have seen $25 as virus numbers rip, but many other PPE sources have come along.
Longs don't want to see $20 breached to the downside from here.
Alpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment and Building Supply...
The correction is complete. This looks like an expanding leading diagonal given the zigzag pattern forming of the waves. I doubt the 5th wave will get past 20.6 but can't be sure.
$APT chart is attempting to breakout from the bull flag, which has potential to go up to $23 dollar range. First Target price will be $21, where is has resistance, and 2nd target price will be $23 dollar range, which is the height of the bull flag.
In the beginning of the year COVID-related stocks (I have here a chart of APT but you overlay almost any early CV play and see similar pattern) were following identically the peaks and troughs of VIX. Then in Feb- March, while CV stocks hit a peak, VIX continue to move up significantly the rest of March. This was the beginning of the decoupling. While there has...
The B wave in my updated count for corrective waves linked below is very short in time. Usually this is not the case. THe market can consume more time and this new count fits best with what may occur. Also the market has not topped yet. I am looking for a simultaneous top in the markets and a bottom in the COVID related stocks. So, I will be expecting a grind...
I know the 5th wave doesn't look very impulsive. but it is a 5th wave after all. Also the 4th wave has a very deep retracement. This count shows a zigzag. I think the C wave will be truncated. I'm looking to buy over 17, if we go below 17 there is high a possibility we could fall big.
Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel and infection control, and building supply products in the United States and internationally. The company operates through two segments, Building Supply and Disposable Protective Apparel. The Building Supply segment...
This shows a beautiful time cycle for APT. As you can the troughs are almost equidistant apart from each other and we should be at a bottom soon or have already made a bottom
