API – Australian Pharmaceutical Industries Limited
Stock : API – Australian Pharmaceutical Industries Limited
Current Price : 2.20
Status : On watch for higher lows
API has been a mixed bag for us in the past but still has some action to come. The weekly chart looks strong but still has some work to do. We can see price kicked up to 2.38 and is now in contraction. We expect price to contract further and wash out a few more late buyers before building a higher low for a buy entry setup.