AP trade ideas
$AP Ampco-Pittsburgh Corp. 25% upsideAmpco-Pittsburgh Corp. engages in the manufacture and sale of custom designed engineering products. It operates through Forged and Cast Engineered Products, and Air and Liquid Processing business segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls used in cold rolling by producers of steel, aluminum, and other metals throughout the world. The Air and Liquid Processing segment oggers finned tube and plate finned heat exchange coils for the commercial and industrial construction, process, and utility industries. The company was founded in 1929 and is headquartered in Carnegie, PA.
$AP Ampco-Pittsburgh Corp Trend BreakAmpco-Pittsburgh Corp. engages in the manufacture and sale of custom designed engineering products. It operates through Forged and Cast Engineered Products, and Air and Liquid Processing business segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls used in cold rolling by producers of steel, aluminum, and other metals throughout the world. The Air and Liquid Processing segment oggers finned tube and plate finned heat exchange coils for the commercial and industrial construction, process, and utility industries. The company was founded in 1929 and is headquartered in Carnegie, PA.
👍 Tight Range, Breakout Play. (AP)💵 This one will be an easy breakout play as we compress in a tight sideways range. Obviously you would want to play the breakout above 3.33 - 3.40 for potential of a 30% move.
Daily Timeframe
Crossover Strategy: Greed Crossover
The EMA Dots: 3/3 Green
Support Level: 3.02
Resistance Level: 3.40
We currently sit at the 3.33, remember 3.40 breakout. 3 day is a train of dojis lined up. Expecting a big move once range is broken. If break below support it should melt.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
AP huge consolidation wedge looking closeThis Stock is very cheap, so i will not place in my portfolio short side, i'm looking at that big wedge to go long .
Investor mentality.
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