APO,SFS: Smart & Final Stores, Inc.
2019-04-16 17:21:00
Smart & Final Agrees to be Acquired by Funds Managed by Affiliates of Apollo Global Management - PR Newswire
$APO - Apollo Global Mgmt forming a bullish ascending triangle pattern on the daily chart. Monitor for a break through $36.50 resistance level.
Long term target - $44.00 by year-end
Note: Informational analysis, not investment advice.
are using Fibonacci ratios to determine their price targets and supports. By incorporating Pivots, I hope to inculcate a greater sense of discipline in entering and exiting positions.
The big sell off last week because of the proposed tax bill limit on mortgage interest deduction requires a detailed reassessment of APO. I am convinced that the uptrend is still intact.
BOUNCING UPWARD FROM LOWER BOLLINGER LIMIT. ENTRY POINT WHEN BREAKOUT UPWARDS OF HIS EXPOMOV AVG AND SECONDARY TREND LINE OCCURS. LONG FOR ABOUT 2 MONTHS FOR AT LEAST A 15% PROFIT. LET´S SEE HOW IT PLAYS OUT!
APO has the potential to breakout of a double bottom. Great momentum and low P/E makes this look extremely attractive right now. Entering with 25% of portfolio and a 10-15% profit target with 5% stop.
APO
Why I like this stock:
The stock bounced at the 10 EMA.
The candle did a nice indecision candle and an indecision candle after a little retracement is great for a bounce on the upside.
The stock has been in a great upside move for months so when you see a big move on the upside and then a retracement, there is great chance that the stock will continue higher ....
Apollo Global Management, Inc. engages in the provision of alternative investment management services. It operates through the following segments: Credit, Private Equity, and Real Assets. The Credit segment focuses on the investment in non-control corporate and structured debt instruments including performing, stressed, and distressed instruments across the capital structure. The Private Equity segment consists of investment in control equity and related debt instruments, convertible securities, and distressed debt instruments. The Real Assets segment includes investment in real estate equity and infrastructure equity; and real estate and infrastructure debt. The company was founded by Marc Jeffrey Rowan, Leon David Black, and Joshua Jordan Harris in 1990 and is headquartered in New York, NY.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
APO
