Given the recent market movements my primary count for APT has changed considerably. I will become far more bullish if we get a solid pivot at one of the areas mentioned below. The first entry to the last stop is ~ 25% drawdown so size positions carefully. A position of 5% of total account would be ~1.25% loss.
Long Entry: 1st Entry for Wave 3 of Wave 3: $24 (0.5 fib of wave 1 in primary wave 3) Stops at $23 2nd Entry for wave 3 of wave 3: $20.80 (0.618 fib of wave 1 in primary wave 3) Stops at $19.50 3rd Entry for wave 3 of wave 3: $18.50 (0.707 fib of wave 1 in primary wave 3) Stops at $17.80
Target for 3rd wave of primary wave 3: ~ $66 (1.618 measured move of wave 1 in primary wave 3)
Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: technical analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key. Capital preservation above all else.