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It's not a head and shoulders pattern as it just broke out of...

  1. 3,484 Posts.
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    It's not a head and shoulders pattern as it just broke out of it's short term downtrend and is now moving up, next resistance is around $17.40. The other two big red days Radx is referring to were followed by further drops, this time we had a green day following which is bullish.
    APT.PNG
    On this hourly chart we have bounced off the Bollinger median line and are now heading up with the MACD and RSI
    APT daily.PNG
    On this daily we have broken through the Bollinger median line and MACD will cross soon (hopefully) confirmation will come in the next day or two but due to the SPP being complete I can't see this heading lower.
 
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