What's the next move for APPS?
Following a year of unbelievable returns, perhaps we're now seeing the anticipated correction. Yesterdays market-wide selloff expressed as a symmetric triangle breakdown in the APPS daily chart. More losses followed today. Two-fold support from the MA100 and at 68.70 currently. Freshman price target from the triangle is near 33.20, which could sting. Or maybe it will bounce and give us another 1400%.
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