looking at bottoming on APE soon

16 mar 2023

Although the ongoing frivolous court case has gotten the price lower than expected I do believe we are going to bottom on APE tomorrow (3/17/23) at around $3.20. This will be the end of the falling wedge pattern I have been following this past month and also coincides with the 0.786 fib retracement level. My guess is we bottom out here tomorrow due to the pattern ending and major fib level support and/or the announcement the court case has been dismissed.