Following up on my Oct 13 note on APT:ASX , its has formed a textbook style wedge which has been consolidating into exactly the $95 dollar range on its chart with decreasing vol.
Depending when the trade vol hit again, likely with vaccines and more recovery news, it would breakout (upward hopefully) to new high...however for whatever reason if its gapping downward from the wedge, we could potentially say goodbye to this ASX darling.
Depending when the trade vol hit again, likely with vaccines and more recovery news, it would breakout (upward hopefully) to new high...however for whatever reason if its gapping downward from the wedge, we could potentially say goodbye to this ASX darling.
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Are we witnessing another wedge being formed between 105-120 range?
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In case you are following APT, take a look at this disclosure document on how much Black Rock has been loading up on APT, and at what price.
hotcopper.com.au/thr...tial-holder.5863204/
hotcopper.com.au/thr...tial-holder.5863204/
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disclaimer : I am not a financial advisor and owning position in ASX:APT