Bit of TA over price action. There was a sharp drop from the 31st - 4th of June in price, upon touching down on the bottom down trend channel it broke out (completely missed this opportunity )
Todays price action shows that the $25 resistance line was too strong to break (so far) and MA20 & 50 were rejected. It's sold off back into the down trend channel marked in yellow. To break this channel the price needs to close above $23.50 Failure would signal a potential test of MA 100 (light blue line), and hopefully not for holders a test of ma200 (yellow line)
APT Price at posting:
$23.07 Sentiment: None Disclosure: Not Held
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