Hi MMStockPlay, here are my thoughts on AAPT.
Here is the AAPT weekly chart:
AAPTs weekly Accum/Dist, OBV, and CMF look excellent and are positive and steadily increasing.
The currently forming AAPT weekly bullish-engulfing candlestick has already gone higher than the last 8 weeks which is a very positive and constructive sign.
Last week AAPT formed a major bottom-hammer formation that closed above its 50 WEMA, which is another very positive sign.
AAPT has closed above both its weekly pivot point at .016 and its weekly R1 level at .031 and appears headed towards its upper BB at .054 and its weekly R2 level at .060. :)
AAPT is forming a very positive "bowl" formation.
Best,
Bob
Here is the AAPT weekly chart:
AAPTs weekly Accum/Dist, OBV, and CMF look excellent and are positive and steadily increasing.
The currently forming AAPT weekly bullish-engulfing candlestick has already gone higher than the last 8 weeks which is a very positive and constructive sign.
Last week AAPT formed a major bottom-hammer formation that closed above its 50 WEMA, which is another very positive sign.
AAPT has closed above both its weekly pivot point at .016 and its weekly R1 level at .031 and appears headed towards its upper BB at .054 and its weekly R2 level at .060. :)
AAPT is forming a very positive "bowl" formation.
Best,
Bob
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