Short-term CorrectionRecently, APT's value has shown a positive change, moving away from a downward trend and starting to rise.
This upward movement is clear in daily trading, where APT is forming an upward pattern on the price chart.
Currently, APT's price is at the higher end of this pattern, encountering resistance.
This situation indicates that a correction, a small decrease in price, might occur soon as a normal part of market fluctuations, before the potential continuation of its upward trend.
This analysis is for guidance only and shouldn't be taken as direct trading advice.
ATP
XAUUSD 4H - WhatchlistHey There, I wish you have a good mood and profitable trades.
As you can see clearly on the chart, at a price of less than 1752 $ I expect a bearish movement to the price 1564 $.
Notice it's just a prediction and It's up to you to have a good risk management as well as good strategy!
Be profitable …
Moderately Bullish Intraday on NIFTYRationale:
1) VWAP above ATP yesterday
2) CPR pivots above yesterday's CPR
3) Market opened flat and slightly positive
Tracking on multiple timeframes Intra day
Entry points - There are 2 possible entry today
Go Long
1) Above H4 Camarilla at 14734 , SL at H3
If market corrects mid day
2) Buy at yesterday's ATP for target at H3.
Keep tight SL. I dont expect a broad ranging day.
APT Technical Analysis 🧙Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply and Disposable Protective Apparel. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.
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Is this the right time to get into Z1P?Z1P was once a payment darling just next to ASX:APT . But ever since the spark in Aug, its stock price has been consolidating down to $5 range.
On the chart, it's fairly confirmed they have strong support at $5 range, and now they are issuing a public offering with issue price under the SPP is $5.29 per share, which encourages me to take a more bullish view on them with very good risk reward ratio.
I will try to build some position @$5.7 with stop loss at $5.28, looking for a breakthru @$6.5 in 1 month, pending other catalysts to pump its price back to $7.50 range.
ATP/BTC LONGSignal
ATP/BTC
LONG
Open 111;
SL 108;
TP 129;
Risk/Reward: 1/6
Hey guys! The price approached a strong support level. We also have a descending wedge on the chart. We think the most likely scenario is a bounce up from this level.