APT trade ideas
$APT Alpha Pro Tech Trendline Break Trade Setup
Stock is getting squeezed between channel trendline and local descending trendline, potential for a break in the coming days.
Short term target $17.00
Possible Wave CountHere is a possible wave count that make sense. Looking for a top at the end of the year with this count.
Triangle?I am at a lost for the wave pattern forming in APT. I was expecting a more impulsive move. I expect some consolidation ehre, then another push to atleast 18. Where a critical decision will be made whether we go past that or stop and head back down.
$APT Alpha Pro Tech Potential Reversal Potential reversal opportunity in APT .
Indicators have bottomed and in reversal
Volume increasing.
20ma now resistance, alert set for break above.
Potential targets
-$16.00 100ma & horizontal resistance
-$17.50
Downside support at the 200ma.
Volatile and speculative stock so care needed.
APT bouncingI usually trade options but wanted to take a small position here. We have APT with a nice PE ratio of 14 and great earnings. The ROE is 34 which si excellent. The risk is that they are tied to COVID in their sales, but sounds like their other product lines are not doing bad. Since they have sold off and are at a decent support level with a bounce along with the MACD crossing I like this here. Long term earnings is the key to great stocks and they have very nice earnings growth, it may continue on, but with a vaccine it may be an issue so I have set a stop around the $11 level and for a 2:1 or better we need it to go to 20 or so. I will keep an eye on this one and continue to research it, but it is great for people with less money in their accounts.
Pitchfork projectionsAfter backtesting pitchfork projections with other markets that had the same pattern I got this pitchfork projection. This will be a long slow grind to 40+ if I am correct. the vertical lines are time bars where I am expecting highs.
APTPossibility of move
(Hypothesis only)
same for : AHPI Allied Healthcare Products, Inc. (AHPI)
Masks can lead to ‘enormou Allied Healthcare Products, Inc. (AHPI)s’ economic gains, Powell says
APTA company that manufactures masks and medical equipment.
Fed Chair Powell: "Wearing masks can lead to 'enormous' economic" \ gains
Yahoo Finance • September 4, 2020
Wave Analysis For APTThis is unlikely to be an impulse and more likely to be a double zigzag. Based on the retracement of the correction of the labelled x wave, this is unlikely to be a 4th wave because it is too deep. 4th waves are rarely greater than 50%. THe other reason this is unlikely to be an impulse is because the wave 2 is already deep so based off of rule of alternation wave 4 should be shallow which this is clearly not.
The other thing to note is black a is a leading diagonal so it should be expected we got a deep correction what happens next should be a powerful wave up.
APT possible move hello
this week we see how the price go down but
maybe its some opportunity? for pull back?
based Technical analysis only what do you think?
35% Gains For Alpha Pro Tech Due To Surgical Mask SalesAlpha Pro Tech could be building up for a rally as sales of surgical masks soar due to the COVID-19 pandemic.
APT: Short dip then BullWould prefer for this to dip more then buy at bottom (if uptrend from Feb /March 2020 can hold).
Expanding diagonalI know my timing on this has been off and we continue to be making lows. I was wrong. This is a EW count. Since the low around 9 back in March we have been making 3 waves. This may be an expanding diagonal. Wave 4>2 and Wave 5>3>1. Note I do not know if we have bottomed yet in wave 4, but this is a valid and excellent count if we were to start rallying again.
Time Cycles for the VIX and CV stocksSuper, Exciting Time Cycle Identified for VIX and CV stocks. There is a major time cycle(semi-circles) and minor time cycle (lines) running. The major time cycle bottoms around the 17th of August. So look for a top in the market then and a bottom in VIX and CV stocks. This will be followed by a rally in VIX/CV stocks going in 2 phases/cycles with a minor top in Late August/Beginnig September followed by another pullback and then a major high around election time. So, Election time is when we should expect a bottom in the market.
Note: AHPI is following more closely to VIX than APT. Both should rally with VIX.
Swing #tradeidea Long over $16. Clean BS, Solid longterm play3x EV/sales
13.6x Ev/Ebitda
huge rev spike this quarter
really clean BS
4.8x P/B
gross margins 43.9% in q2 -
q1 gross margins 39.5%
net margins at a healthy 18.5% in Q2- from 13.6% in Q1
Trump wears mask = APT $20-25Bullish even though we havent consolidated for so long, but Trump wore a mask so we should go up!
Face Masks for $APT MoonshotAMEX:APT
Clean S/R flip on the 1W chart of a main horizontal resistance for Alpha Pro Tech. Massively bullish chart from a technical standpoint with almost a picture perfect "buy" signal if we can break this ~$18 region.
Fundamentally if a mandatory mask/face covering order is put into place by the US government, I think that would seal the deal for a new ATH of $50+ for this name.
Technicals + Fundamentals = Money
- PennyBag
Bat Harmonic PatternI don't believe we topped on this stock yet. The best harmonic that fits it is a bat harmonic which means we could see a retest of ~40 area. The EW structure we are in fits best with a B wave that is forming a triangle. This will be a long grind up imo. And we will have to wait until fall before we can reach that elusive 40 area.
APT - Swing TradeTook an entry here on swing trade on APT.
Entry between $20.00 - $20.50.
Stop Loss at: $19.40 (around 4%) -- You can even go tighter on this one if you'd like
Profits: $24.00 (around 19% profit)
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