Given the recent market movements my primary count for APT has changed considerably. I will become far more bullish if we get a solid pivot at one of the areas mentioned below. The first entry to the last stop is ~ 25% drawdown so size positions carefully. A position of 5% of total account would be ~1.25% loss. Long Entry: 1st Entry for Wave 3 of Wave 3: $24 ...
Wave 3 entry has already played out. Approaching resistance. Entry: breakout and retest of the 434 sat level. 1st target: (Algo) 482 sat 2nd target: (Wave 3) 633 sat Stops: Trade invalid at 304 sat ***this is a large range (~30%) so size appropriately DYOR. Not Financial Advice, merely an observation.
AFTERPAY LTD Target for wave 3: 1.618 measured move of wave 1 Sell/ Short entry: $43 Stops at $46 Target for wave 4: .382 retrace of wave 3 Buy/ Long entry: $31 Stops at $27 Target for wave 5: 1:1 projection of wave 1 taken from low of wave 4 And -0.236 (Algo Target) of wave 3 Sell/ Short: $50 Stops at $52 This is obviously projected from targets we don't have...
AFTERPAY LTD Target for wave 3: 1.618 measured move of wave 1 Sell/ Short entry: $43 Stops at $46 Target for wave 4: .382 retrace of wave 3 Buy/ Long entry: $31 Stops at $27 Target for wave 5: 1:1 projection of wave 1 taken from low of wave 4 And -0.236 (Algo Target) of wave 3 Sell/ Short: $50 Stops at $52 This is obviously projected from targets we don't have...
Looks Like we have ha a re-test of the break out of the falling wedge. Could be a 1-2/ 1-2 wave, just about to enter the 3-3. The are alternatives that we are still in the second wave correction. We could be finishing the C wave (3-5-5) or may have just started the first wave of the C wave. Either way 0.1570 (.5 fib) and 1520 (.618 fib) are good entries with stops...