Apollo Global Capital Analysis: Buy on Breakout Above ₱0.0520?

Apollo Global Capital (PSE:APL) closed at ₱0.05 per share as of 03:30 PM GMT+8 on January 29, 2020. It went up by 2.04 percent.

The Total Turnover Value was ₱1,158,400.00. The local traders were the main drivers of Apollo Global Capital today.

Foreign investors have not traded APL year-to-date yet.

The immediate support is near ₱0.0370, while the immediate resistance is near ₱0.0520.

Our 10SMACD combo is bullish.

APL’s risk level is low due to its historical volatility score of 48.3 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 0.05
VWAP: ₱0.04908
Dominant Range: You have

The Momentum Power Indicator of Apollo Global Capital is bullish.

True Market Sentiment – EOD

True Market Sentiment on APL as of Jan-29-2020 at 03:30PM with a last price of ₱0.050
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.0491
Top 10 Players’ Selling Average: ₱0.0494
Bonus Info:
4 out of 13 participants or 30.77% of all participants registered a 100% BUYING activity
6 out of 13 participants or 46.15% of all participants registered a 100% SELLING activity

Recommendations

Do you have Apollo Global Capital in your portfolio already?

You have two logical options. You may either top up within the dominant range (₱0.049 – ₱0.05) since the 10SMACD and Momentum Power Indicator are both bullish or hold your position only since the True Market Sentiment is bearish.

You don’t have Apollo Global Capital yet but are you planning to enter a new position?

Although there is a buy signal confirmation, you must calculate your reward-to-risk ratio first before you do a test-buy within the dominant range.

Are you a subscriber of Equilyst Analytics? You may request our latest technical analysis of APL in our Private Clients Forum when you see a significant change in its price or volume.

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Jaycee De Guzman

Founder and CEO at Equilyst Analytics

Experience the expertise of Jaycee De Guzman, the brain of Equilyst Analytics, renowned for his unique data analysis. He is a computer scientist and a self-taught digital marketing strategist and agriculturist. Since Equilyst Analytics’ founding in 2012, over 10,000 local and foreign clients have consulted with Jaycee de Guzman on crypto and stock investments.

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