Ape, Could yeild a nice bunch of bananas!The 200 sma is very significant resistance that finally broke over and stayed on top. The pattern that shows tends to hold at this point of contact.
I can see APE getting to the 1.618 but get rejected at this top trend line. This trend line is from the ATH and has held every time tested. The 1.618 is a small window but is likely as the markets push up before the May sell off.
I can see it pulling back to the 0.618 and riding that bottom support until its time for the break out decision or the drop to all time lows which would make for an inverted head and shoulders pattern.
The main target up IMO would be $4.20 range.
The low target ...if it holds for the inverted head and shoulders is $1.00 area.