APHA lower open proves to be a set back

APHA could barely break the high of yesterday before pulling back for the rest of the day. Still the name more likely to drop down to lower lows, if we lose the low of today tomorrow morning we will be watching for the bulls to attempt to form a daily higher low above the low of Friday. I still find the greatest clarity here on the weekly chart, where we are patiently waiting for a weekly higher low to be set above 8.08