APD has a positive intermediate-term bias provided it holds above key support levels (approx. 298), targeting 316-321.
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So, let's look at another one APD and see if that one that one's similar. So, it's weaker in the shorter duration time frame in the near term. Let's see what this one looks like.
So, what you're seeing is this breakdown here. So, as a near-term trader, the [clears throat] directional bias is negative. But as a let's call it intermediate time frame trader, you might be looking for this one and have an interest in it once it reclaims its bullish state in the in the near-term condition or in the short-term conditions.
So as long as we don't get a breakdown, a more meaningful breakdown in this one, you know, you might get a pullback. Uh but what I what I'm doing is I'm using the MCM first to give me that directional bias of interest.
So, I could set an alert on APD to notify me when the slightly bullish or bullish condition reappears. and then I can re-evaluate on my chart to see if it fits what I'm looking for.
And usually what I'm looking for then is that the continuation opportunity there is a a price path, a key level, a projection of interest that is still in play. So right now, you know, I'm looking at 316 to maybe 320 321.
Uh, and as long as we don't get I mean, my first warning would be a close below the swing low here, then I just have to continue to be patient. Uh, you know, if you're a near-term trader, then that's different.
You know, now you might be looking for potential short opportunities, but overall, this one's positive.
Let it settle in to support, let's say, and as long as we don't get a close below the 78.6, six. My first warning is at, you know, this 298ish level. Then I'd be watching for another opportunity to develop in APD where I have my targets on the upside and the targets on the upside are based on the overall configuration.
And if you just look at, you know, at a glance here on the left chart, what do you see? Well, this was the shape of an inverted head and shoulders, right? So right there you can see the inverted head and shoulders and it's trying it tried to make an attempt at getting back above this or going after that prior high and let's see how far up we got.
Yeah, we got into that 61.8 to 78.6 and it's chopping around in there.
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