APT @ 30 Aug 2021

APT
- First time doing a written analysis on APT
- Has a history of good uptrend
- Stock has technically formed Higher Highs (HHs) and Higher Lows (HLs) -> signifying sustained uptrend
- Stock volatility is quite high -> may not be suitable for all types of traders
- Stock experiences plenty of gap ups and gap downs -> introduces unwanted stress/emotions and negatively encourages stock monitoring
- Sideways consolidation over the last few weeks is good
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry around 136 levels if comfortable with high price volatilities and price gaps
1-hourtraderTechnical IndicatorsTrend Analysistrendfollowing

Penafian