Aptitude Share Price (APTD)

The head and shoulders formation, I mentioned, broke down, after first rising to 360.However, the current sp, appears to have risen back above the h&s, trendline, which is bullish and as mentioned, the sideways congestion, breakout, is bullish.

The previous mentioned breakdown of the h&s line, illustrates the importance of a sensible stop policy. DYOR.

Live charts.co.uk, buy signal from screener for equity rising upon higher than average volume for 20 days. Also unique candle buying pressure, devised by the website. APTD, is breaking out from a seven week sideways congestion, which is bullish. The mentioned website is free, and the screener is useful, if volume is considered important. Target price would be 360, but a trailing stop based on average true range, might be appropriate. DYOR.

Steady rise Stargate. What's your chart informed prediction on SP in 12 months time?

Atb o4l

Overhead supply from previous trading, exists between prices 335-360. Those historic prices were traded, in June to July 2023. Overhead supply, can provide resistance to upward price movement, because stale equity holders may take the opportunity to sell. The phenomenum of overhead supply, loses its impact with time, however generally, within one year, as is the case here, it has to be considered as likely to be affect upward progress, until price level 360, is breached. DYOR.

APTD, is above major down trendline from 11/8/22, which is bullish. Subsequent reverse head and shoulders price formation, shoulder trendline was broken upward on 28/2/24, which is bullish and provides a sp, forecast of 400.

Sp, gapped up from 321, to 334, then made a high of 338, before reacting back to 333, implying profit taking, that left most of the price gap intact. DYOR.