May I profusely argue the contra point to your theory that APX will double in a few weeks and state categorically that there is nothing pointing to such a meteoric rise.
Firstly, using your chart as a point of reference you are expecting that within a "few weeks". The legal definition of a "few weeks" is, in the absence of a particular definition, what a reasonable person in the circumstances would understand by the term. So I also will apply a liberal number and apply 20 days as my point of reference... As such, a reasonable and liberal person, like myself, could assume that you are predicting that within 20 days the price will be over $17.00.
Secondly, to achieve this it would need to breach the trend channel as per your chart - where the resistance level is at around $13.00. For the sake of the narrative I have replicated your chart and trend channel and gone further and highlighted your target point of $17 by the green line and 3 arrows.
Thirdly, the share price has regressed way back it 2018 levels
I sincerely wish you well with your prediction - however I personally would be extremely surprised to see it even breaching above the trend channel, based on my TA.
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May I profusely argue the contra point to your theory that APX...
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.8M |
Open | High | Low | Value | Volume |
47.5¢ | 47.5¢ | 46.5¢ | $152.2K | 323.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 44828 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 34302 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 41460 | 0.470 |
8 | 404362 | 0.465 |
16 | 381885 | 0.460 |
6 | 119805 | 0.455 |
18 | 163633 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 34302 | 8 |
0.480 | 54162 | 4 |
0.485 | 34580 | 7 |
0.490 | 78314 | 3 |
0.495 | 307889 | 9 |
Last trade - 12.26pm 05/07/2024 (20 minute delay) ? |
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