After a huge move on reports of an investment by a tobacco company, APH is trading in a 4hr equilibrium with multiple daily inside bars. This is one of my favourite setups. As expected we have decreasing volume on this consolidation.
The range to watch is today's range; Break 19.00 bearish or break 20.00 bullish.
Note that 19.00 would not break the equilibrium bearish because we haven't set a convincing higher low above 18.61. For now, that remains our key level
By the way, I do analysis on the entire sector across all the mj charts I publish. If you're not looking at all the names I talk about, you're not getting the full sector-wide analysis. Follow me to get updates when I publish ideas and pay attention to the mj names you typically don't look at too, so you can stay in the know and get the full picture.
The range to watch is today's range; Break 19.00 bearish or break 20.00 bullish.
Note that 19.00 would not break the equilibrium bearish because we haven't set a convincing higher low above 18.61. For now, that remains our key level
By the way, I do analysis on the entire sector across all the mj charts I publish. If you're not looking at all the names I talk about, you're not getting the full sector-wide analysis. Follow me to get updates when I publish ideas and pay attention to the mj names you typically don't look at too, so you can stay in the know and get the full picture.