Apecoin prices are recovering after a drop since August 30. Prices have found a strong support at 1.2750 forming a bullish engulfing candlestick pattern. The upside movement was confirmed by a breakthrough of the downward channel and its retest. Thus, it would be interesting to consider opening long trades from 1.3260-1.3430 with a target at 1.4070, the high of September 2. The stop-loss could be set at 1.2970, the low of September 6.