APHA Direction

6 Eki 2020

I'm expecting a gap up today, followed by a sell off. We'll soon know where we are, but from here, it could go either way. We may see a wave 4-5 to confirm an impulse wave (bullish), or we could see a completed ABC for a WXY sideways, leading us into a 5 wave move down to complete a larger correction.

Bulls should defend $4.70.

7 Eki 2020

Not

Found support at $4.86. We could bounce here for another try at $5.24 and then close the gap at the $6 range into earnings. We could also reject at $5.24, and first close the gap at $4.41.

We need a higher high to confirm the bullish count.

7 Eki 2020

Not