Hello guys. As you can see APPEN just double bottomed today. This bullish sign could pump APPEN to about 12AUD (8,85USD). The strong support at 9,58 AUD (7,07USD) should hold in the future and could be a good stoploss. Do your own research / Trade at your own risk NOT FINANCIAL ADVICE/RECOMMENDATION ( just my toughts about this stock) :)
Hello guys :). As you can see, APPEN dumped hard and hit crucial support after half year earnings results. If it holds the light purple support we could see a breakout to the first resistance line -10USD- (30% profit). But there is certainly more possible like the second resistance line -11.15USD (42% profit) or even the third at -19.70-USD (157% profit). For...
*** This is just for educational purpose, not an investment advice. I am not any financial advisor, just sharing my own analysis.
Sometimes catching a wave is hard and other times it's about as easy as buying double A batteries from Woolworths. You pick when and where. Jokes aside, Appen is setting itself up to bounce off of the 8/1 gann ratio and longer term trend we've seen building over a 12+ month period. The weekly RSI is ticking oversold territory and could work in the favour of this...
Broke out of the trendline. Technical indicators are looking good. I would look to buy more if we can break out of the resistance line (red line) Currently holding this stock.
Technical indicators are turning bullish and chart pattern looks like a double bottom. Today we have broken all the moving averages which were acting as resistance. Now it will be acting as support. I like Appen here, Go Long.
Good morning all, Here is my personal opinion on the future of the heavily publicised, machine learning company, Appen. By looking at the trend line across a history of lows it shows that the position we are currently in is quite a major moment. In my opinion 1 of the 2 options below will occur: Option 1: Price bounces back, bottoming at around $11.15 before...