APTV Trading Buy on Dip opportunity. Recently Wolfe Research upgraded APTV from Peer Perform to Outperform
Technical Analysis:-
+Completed small rounding bottom and moving to complete bigger rounding bottom
+Higher High and Higher Low still intact - Uptrend
+EMA20>EM50 - Uptrend
++Morning Star (Bullish Patter) bounce above EMA50 & Fibo retracement 0.50 with significant volume - Strong bounce and remain Bullish
+BoD with +ve Strength Signal appears.
=Forming Resistance turned Support Zone around 90 level.
EP 91.7
SL =below 88.5 (-3.2)
Target1 97 (+5.3) Consensus target
Target2 102 (+10.3)
Target3 108 (16.3)
Target4 119 (Complete bigger rounding bottom)
