APE ANALYSIS

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APE is interestingly forming a corrective Elliot wave 2 pattern on the 4 hours timeframe.

The "d" is the next resistance target after which a retracement to "e" (support) will occur before we could see a new "ALL TIME HIGH".

You can buy around $12 - 12.25, set your stop loss at $11.82 and take profit at $13.10 - 13.4 for quick profit.

If all analysis fails, (which is very, very unlikely) then we will see a retest of the 0.78% Fibonacci retracement level around $9.4.

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