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NASDAQ: ATPC | Technical Review 24/09/30

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Publish date: Mon, 30 Sep 2024, 07:16 PM
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Agape ATP Corporation (NASDAQ: ATPC), a specialist in renewable energy and wellness products, has demonstrated strong support around the $1.90 level following its compliance with Nasdaq listing requirements.

Recent accumulation activity over the past two weeks suggests the potential for a trend reversal, with downside risks mitigated by key moving average (MA) levels providing support. In the short term, we anticipate a possible challenge of the $2.00 level, while our mid-term target remains at $2.89, supported by current technical indicators and momentum.

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