My Elliott Wave count on APT shows a completed zigzag pattern. We've seen a clear A-B-C structure, and it appears the corrective B-wave has ended. The final C-wave impulse is now beginning.
This C-wave is a powerful, five-wave motive move to the upside, which often has a 1:1 relationship with the A-wave. I am expecting a significant bullish rally from this point.
Key Point: My analysis is invalidated if the price drops below $4.01. A break of this support would suggest a different market structure is at play.
Invalidation Point: $4.01
Disclaimer: This is an educational analysis based on Elliott Wave Theory and not financial advice. Trading involves risk, and you should always do your own research.
This C-wave is a powerful, five-wave motive move to the upside, which often has a 1:1 relationship with the A-wave. I am expecting a significant bullish rally from this point.
Key Point: My analysis is invalidated if the price drops below $4.01. A break of this support would suggest a different market structure is at play.
Invalidation Point: $4.01
Disclaimer: This is an educational analysis based on Elliott Wave Theory and not financial advice. Trading involves risk, and you should always do your own research.
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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.