- Price action has been range-bound for months following initial pandemic crash and recovery.
- Finding support at top of channel as 168 resistance develops as support.
- Volume swell as new support holds indicates confidence in the move.
APPF looks to be ready for markup and price discovery. Invalidation below 165 indicates more range-bound movement.
Trade ativo
I was already in the trade when I posted this chart. Entries were between 140 and 155.When price action made it down to the yellow line yesterday, I adjusted the stop down to 162.14. Rationale: 163 looked like a support zone on that daily, so wanted stop to be just under it.
I also added to my position at 167.
Excited to see markup after being rangebound since June.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.