API australian pharmaceutical industries limited
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In this COVID-19 world API looks to be in the right industry;...

  1. ectoplasm
    2,332 Posts.
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    23/02/21
    22:51
    Post #: 51264630
    In this COVID-19 world API looks to be in the right industry; even if the 2020 AGM- Presentation to Shareholders did not indicate stellar financial performance this year. The chart looks like it is ready for a bounce: maybe $1.35 or bit higher IMO.

    Daily chart: Price is oversold with MACD divergance, if it starts to perform then maybe it is top up territory.

    https://hotcopper.com.au/data/attachments/2939/2939890-07a62d1078b3605206f6b8867f755b67.jpg

    API Price at posting: $1.13 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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