Thread by @malteseinvest

Analysis: #NYSE $APT

Case 259 #Alpha_Pro_Tech Ltd.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#APT 1/4

Chart 1
Weekly Chart: Price exploded higher in Feb. 2020 in illquid conditions and then retraced back quickly towards the #Fib. 0.786 at 9.25. It is important to hold above the long term #trendline resistance turned #support at 14.58 - this will usher a .....

APT 2/4

..... move towards short term #resistance 19.20-21.00. A close above the latter is required to target 29.17 and then 37.00 further out. Good support is seen from the main #SMA spacing and then the #pivot zone 8.55-6.00.

APT 3/4

Chart 2
Daily Chart: The #Strategy is printed on the image.

$APT 4/4