APT on Wave-Analysis

APT has completed wave 3 and retraced to complete corrective wave 4. As a principle, it must not retrace more than the blue thick line which is the peak of wave 1. It is also a typical Fib ratio, 0.382 of 3-W. In our case here, wait for the price channel to be penetrated to confirm the bullish move and the start of Wave 5. The blue thick line is your stop-loss.

Cheers,