From a purely technical analysis viewpoint, APN seems to be struggling to break higher at the resistance level around 15000. If it fails to break higher and goes down to below 14000, I will consider entering a short. A break above 15000 might mean a continuation of the up trend. We might need a bit of patience on this one.
For more info about our training and mentorship visit suretrading.co.za
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.