API 0.74% $1.35 australian pharmaceutical industries limited

cup and handle

  1. 573 Posts.
    API has formed a nice cup and handle which could provide a good oppurtunity for a short term trade.
    The handle has also formed an ascending triangle which could set two price targets for the shorter term trader.




    API is a nice trending stock and the last two big impluses have occurred with the 13sma and 55sma cross which is pretty close to happening again. Looks set for another move




    We also had a entry signal from the parabolic sar toady.



    There also has been alot of director buying recently which is a good thing to see, (5 directors)

    Worth watching
    bmac10
 
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Currently unlisted public company.

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