APL trade ideas
$APT Lining Up Possible $20+ Test on AT TriggerAPT shares are tracing out a clear near-term bullish ascending triangle pattern with a potential target in the $20-22.50 zone, with accompanying support trailing along the 50-day MA.
apt should move soonspeculative play hoping the triangle breaks up. under TL and it should get to $9 - over $21 it should rip way higher
$APT - Where to go from here (Short Term BEARISH)I forgot to post over the weekend my apologies but a quick overview of APT and what's it doing at the moment. Over the weekend we had somewhat of a bull flag going on after the break of the ascending triangle, as price approached the bottom support at 14.80 bears stepped in and dumped the stock as I mentioned before in my last post that could have been one of the possibilities that would happen. APT is currently in consolidation phase trying to understand where to go from here. So what does this mean now?
Currently I think that the bears are in control of the stock for now. I can see it hitting the $13 region and then it will bounce from that resistance and retest back up to $14.
Good luck!
*not financial adviser
APT - Breakout PossibleBroke out of descending narrowing wedge with good volume behind it. Targets above.
APT to tag the weekly high!Hello again! Going ling APT at 14.79 with a target of 15.66, slightly under this weeks high. I should add that although I am posting this as a 2 week chart, that does not mean I expect my ideas to take that long to come to fruit. Lol, so I will include some dailies from now on to show closer progress.
APT - triangle ready for breakout BULLISHFor anyone that follows me you will have noticed I really like analyzing this ticker a lot, because it follows what it needs to be doing.. tomorrow it will test the top resistance line of the triangle, we have set our 4h higher low and it's holding strong. This means tomorrow is a good chance to see if bulls want to break that line, if it does I can see it hitting the $15 area and either a dump or consolidation thereafter. These will be the last couple days before this triangle is gone! Good luck out there, set your risk and hope for the best.
*not financial adviser
APT week of 5/3 Bullish Triangle I see some more room to the upside here on APT, definitely watch this one
*not financial adviser
$APT Close to sizeable Breakout
Bollinger bands tightening
50ma rising as support
Symmetrical triangle pattern \ continuation
Needs a strong rise in volume
$APT upside targets could move with LAKEAlpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment and Building Supply segment. The Disposable Protective Apparel segment includes many different styles of disposable products, such as shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. The Building Supply segment consists of a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment. Alpha Pro Tech was founded in 1983 and is headquartered in Markham, Canada.
$APT releases 62% sales jump Looks set to be a runner today as COVID-29 stocks look the hot sector again
APT Alpha Pro Tech sales UP 62%Alpha Pro Tech's personal protective equipment up 62% since March 11 06:55 APT Alpha Pro Tech updated the status of orders booked for personal protective equipment, or PPE, products in APT's disposable protective apparel product suite, including the company's proprietary N-95 Particulate Respirator face mask and face shields. As of April 7, APT has booked approximately $36.7M in orders for the company's proprietary N-95 Particulate Respirator face mask since January 27, an increase of $14.1M, or 62%, from the $22.6M in orders reported as of March 11. APT has seen exponential increases also in longer-term ongoing purchase orders that extend beyond Q3 and into the first half of 2021. Approximately 20% of the booked orders fall into the latter category. The company fulfilled approximately $3.7M of the orders in Q1, which was slightly below the previously estimated forecast of $4.0M. The remaining backlog of N-95 face mask orders that are not requested before the beginning of Q4 is expected to be fulfilled by the end of Q3. The company still expects its phase 1 ramp up plan on N-95 face mask production to be completed by early May and is in the process of a phase 2 expansion expected to be operational by late summer 2020. APT has also seen a significant increase in orders of the company's face shield products since January 27, with current orders totaling over $11.6M, up from the $1.6M in orders reported as of March 11. The approximate average annual sales of this product line over the last three years has been $1.6M. The company has booked face shield orders that have request dates that extend into the first half of 2021. Approximately $1.4M of face shield orders were fulfilled in Q1. The company's other disposable protective apparel product lines have also seen a significant increase in demand, which primarily began in early March and has continued into April. The company's joint venture in India that manufactures these disposable protective apparel product lines is currently under a country-wide, government mandated closure that is expected to last until mid-April, and could be extended.
Source the fly
Lightning never strikes twice?Gotta love this coronowhatevrs They might be (are) totally destroying our economy over flu, but it's never been easier to make a killing on the mkt.
$APT Gets the Engine Firing Again with Key Target Levels AboveAPT is taking off again as the US contemplates mandating mask usage. The key level to watch is $20.
APT looking bullish technically and fundamentallyThe CDC may issue guidelines that Americans should wear masks when out, even if they are not sick.
APT manufactures N95 masks, which had led their share price to see big gains recently.
The stock is trading above its 200-day EMA and looks to be in the middle of a bullish setup. The MACD is trending higher but not yet at oversold levels.
