APT: Resistance Breakout
Trade setup: Price resumed its Uptrend. Bullish break above $13.00 resistance signals continuation of an Uptrend with upside potential to $15.00 near-term and $16.75 mid-term. Stop Loss (SL) at $12.00.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $11.00 (previous resistance), then $10.00. The nearest Resistance Zone is $13.00, which it broke, then $15.00.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $11.00 (previous resistance), then $10.00. The nearest Resistance Zone is $13.00, which it broke, then $15.00.
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