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APE: This Falling Wedge is Brewing up a Breakout
On the 3-day chart above, we can see that APE is forming a falling wedge pattern that is starting to tighten up. Bullish divergence shows that momentum is positive and price action can shift soon.
I'd say a breakout is expected between now and mid-December.
Invalidated if the lower trend line breaks with a full close.
I'd say a breakout is expected between now and mid-December.
Invalidated if the lower trend line breaks with a full close.
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