Mar. 19 at 6:08 PM
$APRE The falling wedges on the weekly chart indicate even higher potential targets than those on the bullish patterns on the daily chart, the former ranging between
$10 and
$80, while the latter between
$2.4 and
$5.3. The MACD 12-26 appears to be stabilised over the last few years.
A critical indicator is the shape of VRVPs. They become much shallower above
$2, and almost indiscernible between
$10 and
$95.
Another development is that, according to iBorrowDesk, the number of available borrowable shares is at its highest level since at least last April, suggesting that shorts are refraining from short-selling it.
If there are more promising trial results or increased expectations for such outcomes, it may have an indefinite upside potential, given the significant liquidity gaps above
$2 and then over
$10. (not advice, just observations and probabilities)
