May. 24 at 11:14 PM
šØ
$APO 1W Chart Update šØ
Apollo Global is carving out a massive ascending triangle on the weekly timeframe. The stock is holding firm at the apex, absorbing supply right at the volume point of control. With the recent Q1 earnings beating expectations and AUM topping
$1T, the fundamental backdrop is perfectly aligned with this bullish chart structure. šš¢
š Bulls to confirm: A clean breakout and weekly close above the
$132ā
$135 resistance zone. Clearing this level opens the door for a move toward the
$150+ analyst targets.
š» Bears to confirm: A rejection at current levels and a break below the
$125 support. Losing the trendline would signal a consolidation phase, putting the
$115ā
$120 zone back on the map.
The setup is primed. Wait for the volume confirmation.
#hovdid
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