APVO is a funny stock in that it rocketed past $4 and subsequently fell just as hard and fast. The fall was never really explained as far as I know. SEC filings have come up fairly recently and are positive.
Median resistance line shows an incubation level that's held. Previous breakout was right up against it. Current levels are holding above it and about to...
APVO had a long period of consolidation, and it seems breaking out now. Moneyflow went up significantly. If it can break above $2.53 it can easily go to $3 area.
* Trade Criteria *
Date First Found- June 21, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break of $2.53
Exit Target Criteria- $2.88
Stop Loss Criteria- $2.31
Please check...