Live monitoring of the Rectangle setup on APO. See where price is heading.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Bullish continuation pattern.
Consolidation. Can break either way.
APO is showing interesting structural developments at $114.82. With a last close of $114.82, volatility remains active (4.43%). Algorithmically, a Rounding Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $116.19, targeting $132.82 with support near $107.88 (R:R 2.0).
What is your outlook on APO?