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APRN possible drop then rise. (New trader please help)

Hello, I am new to trading and have watched a couple of videos demonstrating and teaching about price action trading and how to accurately use price action in order to have a better idea in to what you are trading. I would just like some feedback and some correction as to whether I am going in the right direction with the strategy and investing in general. From the knowledge that I have gathered from these videos, it seems that this stock will eventually come back down to the support, then rise once again to the resistance, making this a good short term stock to invest in.
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