Blue Apron possible Cup and HandleI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I think Blue Apron (APRN) could be forming a possible Cup and Handle. The 10 Day Exponential Moving Average (EMA) and 20 Day EMA seem to be holding up as support every few days. I have entered a Bullish position already by purchasing Stock. Hopefully, I'm right. :) There are a couple lines that could serve as Resistance. The blue dotted horizontal line I have drawn is based off an area of Resistance from February 08-16, 2018. The solid green line is drawn off a high wick on February 13, 2018.
Let me know what you think, and if you have any questions.
APRN
APRN the little stock that couldAPRN went up as expected double digit gains were made!, Personally I would feel better if it goes down more before I buy back because it's a bit extended at this point but yeah this is a gainzta! WARNING Avoid if you don't want to many gains! bullish af
WFC uptrend in progress It looks like a nice pattern here, it's going up gradually and then consolidating plenty of room for more gains. APRN is having the same type of pattern gains are being made from these 2 studs!
APRN food service? what's not to love?Has been consistently beating on earnings report, and it's looking poised to go on a huge bull run this year. Gains will occur this season, summer it will be a bulking phase, carbs are welcome at this time. "If you can't handle me when I'm bulking you don't deserve me when I'm cut." Can this stock double and hit 5? it's a possibility and a high one
APRN - Possible fallen angel momentum play from $2.30/$2.44APRN started to push up after making a base here. It has broken out its recent resistance on huge volume and Twiggs money flow surging really high. We consider it as a very good momentum play.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Possible fallen angel momentum play
Entry Criteria- Possible entry here ($2.44), look for possible early morning pullback to $2.30 area.
Exit Criteria- Momentum
Stop Loss Criteria- $2.03
Indicator Notes- Very powerful Twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
