Multiple Times is the CharmRange bound. A break above 4.24 should bring 5 first and then 6. Your mileage may vary. Yada.
APT trade ideas
Plan for potential "ape" spreadJust a small idea.
I like this company; been trading it since 2018 and the pandemic.
"In case" the Monkeypox virus spreads, this could be a decent hedge. We saw $SIGA with huge gaps last week (similar play), which likely will open higher on Monday.
According to one source; It's spread through droplets and/or contact with infected lesions; skin contact coughs, etc. In other words, this is nothing you only inhale, like Covid"
By that, hospital staff would need to wear full protective gear (In worst-case scenario).
Alpha Pro Tech makes "high-value disposable Personal Protective Apparel and masks", and I, therefore, expect it to extend its weekly base building and breakout.
Entered Thursday. Had a nice PocketPivot and wedge BO from Friday.
Stop: 5% start. When 5% gained -> moved to B/E before trailing 5%/ma10.
Not my classic setup, but there are not any good breakouts in this market anyway :)
Good luck next week.
Falling wedge pattern with big profit expectancy 3-5 fold $APT The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling
wedge pattern is considered to be a reversal
pattern, although there are examples when it
facilitates a continuation of the same trend.
This article explains the structure of a falling
wedge formation, its importance as well as technical approach to trading this pattern. We will discuss the rising wedge pattern in a separate blog post.
How to trade it :
A:
falling wedges entries are right on the breakout however , such a mega falling wedge to be played differently.
Entry: after breaking the wedge's upper border at point (5), either with an entry after the breakout, or after a possible retest of the upper border's breakout rate.
Take profit: identified by measuring the vertical distance between the first resistance (1) and the first support (2), that measurement is then applied from the breakout rate (5)
Stop loss: can either $3 price mark, or a Pre defined level per your trading conditions however , you should give the trade a room .
B
Buy and slice while it's moving up .
The setup is crazy and might go five to ten fold increase , Yes I know what I'm talking about , Check my other ideas here $INDO .
Check out
Good luck!
Swing setup as PPE market demand surge.As we face another corona wave including Omicron and IHU we're again seeing increased mask-demand as during recent waves.
It's not a breakout setup , but a value setup.
Alpha Pro Tech is big potential, with a PT target of > 50% from the current price and a max loss of 10%.
This is also a squeeze setup.
There are plenty of posts out there if you're looking for more DD:
www.reddit.com
Looking for an impulseI expected this to rise with VIX and the recent market downfall but they seem to be now disconnected. I'm looking for one final rally for this stock to complete the 5th, preferably this will be done in 3 waves.
Logscale Bullish Gartley within a Descending Broadening Wedge We have Bullish Divergence on MACD and RSI near the bottom of a Descending Broadening Wedge Pattern at the PCZ of a Bullish Gartley in Logscale.
WXY correctionBeen getting this very wrong last couple of times. But this time It's pretty clear on what I think is going on. B is forming a triangle that is about done then we will be up for C wave to complete X.
$APT Long term PT 40 and higherThe US Department of Health and Human Services has posted a notice of intent for the procurement of approximately 381 million surgical masks to be used in healthcare setting.
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through two segments, Disposable Protective Apparel and Building Supply. The Disposable Protective Apparel segment provides shoe covers, bouffant caps, coveralls, frocks, lab coats, and gowns, hoods, as well as face masks and shields. The Building Supply segment offers construction weatherization products, such as housewrap, synthetic roof underlayment, and other woven materials. The company markets its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; building and re-roofing sites; and pharmaceutical markets. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada.
$APT entry 10.75-11 PT 30-40 and higher$APT entry 10.75-11 PT 30-40 and higher
MIRRORING OF PATTERNS
Influx of Volume
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through two segments, Disposable Protective Apparel and Building Supply. The Disposable Protective Apparel segment provides shoe covers, bouffant caps, coveralls, frocks, lab coats, and gowns, hoods, as well as face masks and shields. The Building Supply segment offers construction weatherization products, such as housewrap, synthetic roof underlayment, and other woven materials. The company markets its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; building and re-roofing sites; and pharmaceutical markets. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada.
$APT HTF IBO Long#1 Secondary Watch
$APT HTF IBO Long
(same analysis as yesterday)
RR - 5
Additionally on Watch:
12 stocks on development needed list
Live Trades:
$TLRY
$BIDU
$AEMD
$APT HTF IBO Long#1 Secondary Watch
$APT HTF IBO Long
Monthly - Decel/50 ema
Weekly - Nothing
Daily - MACD Divergence/Descending wedge/Strong break/0.618 fib
RR - 5
Additionally on Watch:
Secondary - $FAN
Secondary - $FLSR
Secondary - $MOON
12 stocks on development needed list
Live Trades:
$TLRY
$BIDU
$AEMD
VIX and COVID stocksThis is a chart of VIX, APT, and AHPI. APT and AHPI along with other COVID stocks spiked at the same time as the VIX last year in Jan, and Feb. Now they have all dropped and have gone sideways. If this relationship is still intact, expect one more spike in all three.
APT - Here We Go Again pt.2? Mask Mandates Incoming...APT - Here We Are Again pt.2? Mask Mandates Incoming...
BUYING CALLS
BUYZONE = 7 - 6.22
1st Target = 10.50
2nd Target = .236@14
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
APT...The long and frustrating roadStill waiting for one last spike! Ideally this will be time-locked with the VIX like back in Jan-Feb of last year
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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Complex CorrectionSince the Feb peak in 2020 we have been making 3 wave corrective sequences labelled WXY. We are currently in the midst of wave Y. There is nothing to indicate this next wave we are in isn't going to be a 3 wave move. As such, I expect resistance at the downtrend line to complete wave b of Y. We are also in a triangle. SInce this is a complex correction, there is no telling if we will break upward or downward from this triangle. The WXY can also extend into a WXYXZ but I doubt that will happen.
