Short
$APT - Bears Win the Day/Week
Following a valient effort by the bulls to break out of the downward channel & a fierce fight to end the week, Bears came out on top resulting in a weekly closed below a key S/R $13.00.
Anticipating further downard movement - next week to $10.70 support & back down to the high $7 range in a few weeks time, before touching its old trend line(green). Don't see any sustainable upward movement before that happens.
Anticipating further downard movement - next week to $10.70 support & back down to the high $7 range in a few weeks time, before touching its old trend line(green). Don't see any sustainable upward movement before that happens.
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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.