Since 23/05/2017, the downward movement has been progressively weakening as price has drawn nearer to the support level of the previous major low of $4.35.
The last attempt to break below $4.35 on 15/06/2017 was met by a "wall" of buyers such that price closed well away from the low of the day. Since then we have had a 6 day upswing which is approaching the last swing point high $4.83 (14/06/2017). In other words APO is trying to bounce away from the support level looking for sellers. It will probably find them somewhere between $4.83 & $4.92. That price range is the first obstacle APO will face in its attempt to advance higher.
Daily Bar Chart
APO Price at posting:
$4.75 Sentiment: Hold Disclosure: Not Held
