Hi Traders,
We have re-entered a long for APT
Entry
8.13-8.17
TP 11.2-12.2
SL 8.05
Third strong potential support on the consolidation trend and also a full retrace on the fib-retracement.
Given the bullish market i would lean towards an upward move to atleast hit prior highs (SL HUNT) but more likely a final over extension, maybe even hitting a 100% $14-16 price point.
Depending on the strength/velocity of the break out we will change the price TP, fast and building as the initial was (7-10) then we lean towards 11/12 TP, but if slower and full of pullbacks more so just a double top.
Some big players have bags and will want to unload them at higher prices i'm sure.
Goodluck,
Assetmastery
We have re-entered a long for APT
Entry
8.13-8.17
TP 11.2-12.2
SL 8.05
Third strong potential support on the consolidation trend and also a full retrace on the fib-retracement.
Given the bullish market i would lean towards an upward move to atleast hit prior highs (SL HUNT) but more likely a final over extension, maybe even hitting a 100% $14-16 price point.
Depending on the strength/velocity of the break out we will change the price TP, fast and building as the initial was (7-10) then we lean towards 11/12 TP, but if slower and full of pullbacks more so just a double top.
Some big players have bags and will want to unload them at higher prices i'm sure.
Goodluck,
Assetmastery
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.