APPEN LIMITEDLong
APX.AU Appen Prints a Smiley Face.
Updated
Australia's APPEN is showing signs of a recovery story that's working for now.
As the Chart shows, was bashed Down Heavily by the Market. Is also an AI Play.
While it's still early days, and way below the EMA's and VWAP, could offer further Upside for those Risk On Investors.
The IMACD & CCI Stochastic Momentum Indicators are showing Early Trend Reversal.
Also the Trend Cloud Indicator I use has Just Shown the Trend Swap + Signal and a Green shaded Cloud. (This Indicator is not free. Message me and I will put you in contact with the author.)
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
As the Chart shows, was bashed Down Heavily by the Market. Is also an AI Play.
While it's still early days, and way below the EMA's and VWAP, could offer further Upside for those Risk On Investors.
The IMACD & CCI Stochastic Momentum Indicators are showing Early Trend Reversal.
Also the Trend Cloud Indicator I use has Just Shown the Trend Swap + Signal and a Green shaded Cloud. (This Indicator is not free. Message me and I will put you in contact with the author.)
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Note
IMACD showing Green on the 1H plot.Note
Now Printing GreenNote
Australia's Appen falls after Innodata withdraws buyout bid.Note
Might get another Bid from elsewhere?Still looks strong.
Note
Market Rebalance and Correction Noted,.Note
Risky But Ripe for a MA ??Note
Sideways for now. Keeping 30% profits to see.Note
Was Out. Buying Again Small.Note
Appen Shares rise as much as +50% to A$0.65, posting their biggest intraday percentage gain ever.Note
Appen Price Target Raised 33% to A$0.80 a Share by Canaccord Genuity.Note
14th Aug Retraced to FIB 0.78 and then a quick Recovery. Profit Taking?
FIB Extension to 2.0 looks possible to $1.32 and maybe more.
Note
S1.32 Fib Hit.Note
$1.55 Resistance @ Wave 5 Up and FIB +2.4
Retrace to $1.18 Possible @ FIB +1.6
Then Resume Up.
Will have to Watch to see which Level Gains Support.
Note
Revenue Beat by 15%.
Market did not like CEO Report.
Stop loss Kicked In. Sold 66% @ +155%
Holding Balance.
Trade active
So Just goes to show = Hold
OMG??
Trade closed: target reached
The Trump JFK Junior could Impact this one.
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