APT waiting for entry
Updated
APT has just broken the trendline since January 2023 (see screen-shot below), with at good candle (16% up).
I'll will wait for the retest of the range around $5.3-$5.4 to enter.
This area is a confluence of
- The Fib 0.5 and Fib 0.6 (drawn for the today's candle of 16% raise)
- The long-term trendline
- EMA 50D
If prices come to this area, the proposed set-up is in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Note
Prices was closed to $5.4 before rising. Orders has not been filled. I'm not sure if retest would be possible the next days.
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.