It's still in the medium term downtrend and will remain so unless it can close above $6.00 conclusively on good volume
I think you know my view that ultimately it will have a $1 in front of it but I've closed my short for now as selling momentum was drying up.
i believe it's CVI shorting it but they may well let it rise again before having another go
APT is at a very important juncture at the base of what typically is recognised as a bull pennant with huge upside.
However in Elliot Wave analysis this could also be recognised as an ending diagonal in a fifth wave.
A conclusive close below $94 would indicate a potential $ 40-50 fall.
Chart - Z1P, page-2280
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Last
$3.28 |
Change
0.030(0.92%) |
Mkt cap ! $4.328B | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.37 | $3.26 | $42.97M | 13.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 168944 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 136456 | 8 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |