$APE trade idea. Long for multiple breakouts.

Already broke out of a pennant pattern a few days prior.

Journal Entry:

LONG NYSE:APE

Temporary surge in trading volume, accompanied by a retest of the earlier breakout level supported by substantial volume.

Furthermore, the overarching trend has a downward trajectory, and there exists significant potential for a short squeeze.

Remarkably elevated volume during downtrends suggests active accumulation of assets, as evidenced by pronounced lower wicks on these declining candles.

Targeting orderblock for swing trade at $2.9.

TPs before then will be set.