$APPS Fallling Wedge breakoutFind your entry, i created my plan.
Please note, educational purpose, never advice!
0A6A trade ideas
APPS TRADE IDEA - OVERSOLD GK PLAYAPPS TRADE IDEA - OVERSOLD GK PLAY
APPS is coming out of RSI oversold territory with the macd trying to
decided on a bullish signal; price action closed above the convergence
of the 7ma and the 200ma, which is offering strong price support. Look
for volume to possibly move price action towards the 20ma at 1.84.
APPS Wave InclineChart shows my forecast for Mon and Tues. Wave losing momentem but things positive media may sway.
Stock info courtesy of nasdaqjournal.com
The stock showed weekly performance of 9.16%, which was maintained for the month at -3.71%. Likewise, the performance for the quarter was recorded as 17.91% and for the year was 142.31%. Analysts’ mean recommendation for the stock is 1.60 (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range).
APPS breaking out? Looking for APPS to break its 1.64 resistance. 50MA nicely acting as support (currently at 1.47). RSI in bullish territory.
#APPS #stock #long
on the daily APPS looks good. it is on a nice trend line higher. macd and stoch rsi pointing up. OBV is going up. this is a stock to consider buying or playing options. If you do play options i would look at the June 15 2018 Call strike $2.5 at a price around $.40.
weekly
all the indicators are supportive and the OBV is surging. overall price is forming a nice upwards cup that could pop higher.
monthly
MACD and stoch RSI are supportive, but kind of irrelevant on the monthly time frame. The OBV is something spectacular. look at the search in the OBV!
APPS- Long ideaTook some APPS here at 1.76. Risk is below 8ema. Looking for upward move back toward highs.
