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APHA Long
APHA has recently had an earnings report which lowered the share price; although, much of the earnings report content was expected. APHA has created a new guidance strategy and is moving foword with a positive future outlook.
The stock market is cycling away from Tech and gold and into Oil and commodities. APHA was doing reeally well prior to the earnings report and I expect it will continue to outperform
The chart attached features an inverse hammer which signals a move to the upside as buyer apetite is increasing. The day after was a strong confirmation. Both days had consistent volume as well. I see a move to the upside meeting the resistance points outlined in green.
The stock market is cycling away from Tech and gold and into Oil and commodities. APHA was doing reeally well prior to the earnings report and I expect it will continue to outperform
The chart attached features an inverse hammer which signals a move to the upside as buyer apetite is increasing. The day after was a strong confirmation. Both days had consistent volume as well. I see a move to the upside meeting the resistance points outlined in green.
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