Aptar Group Weekly Bull Flag Sets Up
Aptar (APTR) a quality name that struggled 2021-2023 but showing strength in 2024 and now setting up with a nice weekly bull flag with weekly MACD working higher and a potential bull trigger coming, $149 the key level to clear and then $158 from 2021 highs come into play followed by Fibonacci extension targets at $175 and $185.ATR has a market cap nearing $10B and trades 13.5X EBITDA, 24.9X Earnings and 30X FCF with revenues seen growing 5-8% annually and 8-12% EPS growth. ATR is seeing strength from its Pharma exposure while Beauty is likely near a bottom.