Get started

APT

APT Looking Very Overbought- On Friday Chinese tech giant Tencent Holdings revealed it had taken a 5% – roughly $300 million stake in Afterpay. - This has caused a massive rush to buy APT. - Technically the stock is very overbought and is at a significant Supply Zone which also happens to be a 52w high. - From a fundamental perspective - price is currently over analyst estimates and has a high Price / Sales of 32x. Not a great time to buy right now -could be a good time to lock in some in profits in existing positions.
A
by Tuhi_Capital
2
After Pay near ATHAPT has just blasted through that short zone (red box) in last few days. All secondary to Tencent bought at 5% stake. Will it keep going up or is this a 'sell the news' scenario? Honestly I've been trying to get in at a good level for a while now and do believe in the fundamentals underlying APT, but you can't FOMO buy levels like this. Also I'm a little wary about Tencent taking a stake as the republicans in America are essentially trying to outlaw them from doing any business in the states. Will this affect the overall push into America? Who knows, but something to think about. I'll be watching this chart closely and will let you all know if I go long or short in the future.
A
by ncorreia
4
Watchlist ideas - 4/21/2020 - $NUGT $APT $WMS $DISGold has been a very volatile commodity last month but looks like a recovery is in the midst, $NUGT looks good for another leg up here. Long above 12 with a stop loss at 10.48. APT, a coronavirus play, has been consolidating right above the rising 5DMA. I think APT is right about to lift here. Good above 14.75 with a stop loss at 12.85. WMS, a utility stock, has formed an inside day right below the 200DMA. Yesterday's up day was on very high volume so today's action would be a clue for further upside in the near future. Good above 36 with a stop loss at 34.20. DIS has formed a very nice looking base on the 65m timeframe. In terms of relative strength, DIS has been relatively weak and beat up. Regardless, this could be a good long above 108.
NYSE:DIS
by Trader_Kaji
Short APT Half position short on at 18.47 Overall market (XJO, DJI and SPX is now closing daily candles red) We also have global bad news catalyst of covid19 out break in the US I see next weeks trading session as a short, as confidence in this overall market rally should weaken. APT hit a daily exhaustion after a solid rally, I am now playing this as a "dead cat bounce" Half my usual trade position is on due to taking two losses in a row this week, I have chosen to size down on this entry as I am holding weekend exposure for a possible gap up on Monday open. The stops are wide on this trade as i'll be adding size on if it tries to re test the previous high on the daily and if a rejection is confirmed i'll add more and tighten my stop.
AShort
by tradersedgeray
$COCP Short Articles Published Drowned out by FACTS PPS Rises03-06-2020, 3.5 Million Share Institutional Buy-In tells only a snippet of the overall story with this dream stock. sec.report To get the real grasp of what we have here, look to my previous post and take in this analogy as deeply as possible: In the Coronavirus Market: $COCP is to Treatment what $IBIO is to Vaccines or what $OPK is to Testing. $COCP has completed all the financing and funding needed with two public offerings recently and are now aggressively pursing the development of Novel Anitiviral Compounds for treatment of any Corona infections including COVID-19 They have exclusive patent rights to the treatment and are in the process of advancing it quickly through a preclinical trial program. Shorts will continue to write articles to downplay these facts as much as possible because the stock has a HUGE short position
NASDAQ:COCPLong
by StockGuild
AFTERPAY LTD Wave 2, 3 & 4 (of primary wave 3)Given the recent market movements my primary count for APT has changed considerably. I will become far more bullish if we get a solid pivot at one of the areas mentioned below. The first entry to the last stop is ~ 25% drawdown so size positions carefully. A position of 5% of total account would be ~1.25% loss. Long Entry: 1st Entry for Wave 3 of Wave 3: $24 (0.5 fib of wave 1 in primary wave 3) Stops at $23 2nd Entry for wave 3 of wave 3: $20.80 (0.618 fib of wave 1 in primary wave 3) Stops at $19.50 3rd Entry for wave 3 of wave 3: $18.50 (0.707 fib of wave 1 in primary wave 3) Stops at $17.80 Target for 3rd wave of primary wave 3: ~ $66 (1.618 measured move of wave 1 in primary wave 3) Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: technical analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key. Capital preservation above all else.
ALong
by TribeWriter666
14
APT - Bullish Moment Needs To Break Over MA'sAlpha 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 and Infection Control segment. The Disposable Protective Apparel segment includes many different styles of disposable products, such as shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. The Building Supply segment consists of a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment. The Infection Control segment consists of face masks, eye shields and medical bed pads, as well as a line of pet beds. Alpha Pro Tech was founded in 1989 and is headquartered in Markham, Canada. SHORT INTEREST 18.6K 09/13/19 P/E Current 13.87 P/E Ratio (with extraordinary items) 10.84 P/E Ratio (without extraordinary items) 14.24
AMEX:APT
by DEXWireNews