Took 100 $APT long @ $15 with $13.50 stop loss and $20 initial profit target for an overnight hold/swing trade. This stock has a very low float and clear history of explosive moves.
Date: 3/27/2020
Trade type: LONG
Entry: 11.16
Stop: 10.49 (below 3/27 low)
Type: 1 week to 3 month hold
Hypothesis: COVID Play - N95 mask producer, initial momentum has played itself out along with excess volatility, masks are finally becoming understood in the West.
APT is another speculative Coronavirus play I have been stalking. APT produces a lot of the medical supplies and protective gear that is in extremely high demand right now. Coronavirus stocks such GILD, APHI, CODX, etc have also been tightening up for the past few days. GILD started to break out two days ago and APHI which has a very similar pattern as APT,...
Modelling the graph using a best fitting curve for highs, mediums and lows and comparing there derivatives we can see a general upward trend in both its highs and lows. Conclusively, were aiming for a nice run here.
APT has been the go-to freak-fest for momo traders in on the COVID-19 fear boom. The stock trekked from $4 to $40 and back down to $15. But we would expect the roller coaster ride to continue. Stay nimble.
Alpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment, Building Supply segment...
Alpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment, Building Supply segment...
The SHORT for APT is there...just wait for it. Previous outbreaks (swine flu and then ebola) led to predictable boom/bust for Alpha Pro Tech (APT). Coronavirus is just the latest.
Alpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment, Building Supply segment...
Quite Strange H&S pattern, can be seen to have formed between the heads of the wicks from pumps. Strong linear regression uptrend.. Pearsons R value of 0.87. Short entry back into the regression trend.
Alpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment, Building Supply segment...
APT is still coming off of its ebola high. There are a lot of bagholders from $4 and up that now think this is garbage. APT has great earnings though, and I see them as an excellent long term play. At $2.50 I will start buying.
