Category Archives: AP
ANI – went up by 4% last week to close at 3.89 per share. Bullish sentiment is still there and price may go up towards 4.5x per share with the help of Kijun Sen line. 78.6% Fibonacci Retracement level is
ABS – continue to fall and there is a possibility it will touch 40.7 where the Kijun Sen line is unless we will see a bullish reversal candlestick pattern. All Ichimoku elements are still in bullish setup so this is
Looking at the chart of AP today we can see an interesting formation at the support level. Current price is at 78.6% Fibonacci Retracement level which acts as support. The last two candlesticks are forming what we called Bullish Harami.
From the low of 31.75 to the high of 37.10, AP has retraced and bounced at 50% Fibonacci Retracement level. The candlestick formation yesterday provided us with the information that the bulls are in control. Today’s price movement has been
AP has been knocking the resistance line several times already and has been showing bullish bias based on the higher lows it created but will the bulls win the game or they will become tired pushing and eventually give up?