$APPN: 42.5 May Be A ProblemNASDAQ:APPN looks poised to move lower. This is a heavy amount of momentum carrying this stock. Unless the broader indicies like AMEX:IWM bottom out, I expect more pain here. Good luck traders!
APPN trade ideas
$APPN Setting Up For Support Trade?I have had my eyes on NASDAQ:APPN for sometime now waiting for a breakout past the upper area of resistance. Hasn't happened. Now it looks like it is running into 2 possible support areas where it "may" reverse and head back to the upper range and maybe even breakout. I don't know.
having said that, I will be looking for a reversal trade in the next few days. That of course depends on the market.
I like this potential set-up so I thought I would post it as a possible trade.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
POSIBBILITY TO BULL FOR APPNBismillahirrahmanirrahiim
Based on the structure of chart itself, there are several things that support my judgement
1. Strong intact Uptrend on D1
2. Price retrace to Lower BB which is confluence with RBS
3. Build Up Volume
4. Candlestick Compression Signal
5. Divergence appeared on Weekly
My target is based on Fibo Extension which reward R4. Inshaa ALLAH
APPN LONGAPPN LONG
Would like to see a solid close above 50.50 on the daily chart
If so, next target is previous high around 54.
Next target for TP is around 64.
$APPN Breakout?NASDAQ:APPN Looks like it broke out today on about 20% higher volume than the last 10-day average. It was not a Pocket Pivot as the volume did not exceed the highest down volume in the last 10 days. However, there have been 2 Pocket Pivots Since the Earnings announcement on May 9th. I missed this 9 ½% move today and I think it may be extended. I will be looking for either a consolidation in this area or better, a pullback to the breakout area over the next several days or weeks.
The notations on the chart show we are above an 18-month AVWAP for a few days now and today over an area of resistance for over 10 months. All in all, very bullish IMO. Since earnings it has regained the 40-week MA, the 50 DMA and all shorter-term MAs. This goes on my ready list for any consolidation or pullback because there is not much to hold this issue back other than some shorter-term profit taking.
I hope this helps someone. Ideas, not investing / trading advice. Constructive comments always welcome. Thanks for looking.
APPN - A PreludeAs with most stories, they have a beginning that is rarely noticed, but to the keen eye one can envision a bold tale. Within in this tale lies a beaten down hero, who nearing its last breath finds new hope. This hero has lost its shine, but if one looks closely enough they can see some bullish hopes engulfing the shadow of doubt that has been recently been cast upon thee... as this next chapter closes with the end of March, it will mark a 3 month journey that could identify a much grader story ahead. Tune in for April's update, maybe this hero has decided to climb this ladder of doubt in which it so swiftly descended. As long as the recent lows hold at $29.80, and this recent correction gains reversal traction in the 38.40-36.13 region, then the median line of the pitchfork is the initial target (this stock likes deep retraces for wave 2s, so as long as the recent lows hold at $29.8 then this story will have more chapters!) GLTA!
APPN - AI twist $AAPN softie AI
- never picked up as AI play, I guess. At 200ma and long term DTL off earnings last night.
APPNThe action is in an interesting "position". Naturally, there is no guarantee that there will be a rebound from the slope, so it may be better to wait for the blue level.
One problem is that the company is unprofitable, with even higher rates can be a serious problem for growth and cause a decline to red values. In this case, the red marking is probably correct.
Appian Corp. provides business process management (BPM) solutions. Its BPM tools automate and measures business processes. The firm's products include BPM software, case management, mobile application development, and platform-as-a-service. The company was founded by Matt Calkins, Robert C. Kramer, Marc Wilson, and Michael Beckley in 1999 and is headquartered in Reston, VA.
$APPN potential bottom complete (3/5)Conviction: 3/5
could drop to support (June 2018)
General Thesis
weekly RSI hovering around oversold levels, and showing potential double bottom
Currently hovering around resistance/support line established in August 2019
Using Elliott Wave Theory this could be end of wave C, although better to wait for confirmation (1-2)
Growth
Gross margins (70%) is a lot higher than past few years
Revenue growth (20%) is about historical average, bounce from lows in 2020
Value
P/S at around historical average, although very high compared to rest of market
P/FCF is negative
Potential Risks
could drop to support (June 2018)
history is very short
APPN Nice Bulish Setup!January 7, 2022 NASDAQ: APPN Target: $ 97.10 Tp: 1
Please like and comment if you like my ideas. THANKS!!!
Please note that this information is not a buy or sell recommendation. It should only be used for educational purposes.
January 7, 2022
Active trade: still valid today. look for a small withdrawal and buy, with a stop below yesterday's minimum level
APPN, we might be seeing a (v) wave to the upsideAPPN might have finished a (iv) wave and could be making a (5) to the upside towards 400.48$. Seems that price found support on the upper trendline from the channel we started on 2018 and already touched the 50% Fib retracement. This set up will hold as long as price doesn't retrace below 76,97$ before making a new high.
APPN above its Daily 200MAAPPN above its weekly 20MA and Daily 200MA. I expect it to move higher into July. Don't let the fade down fake-out scare you. Scale in small and fully your position on confirmation.
APPN 06/09/2021 High probability to reach the $135-138 rangeAPPN
06/09/2021
High probability to reach the $135-138 range
This is assuming that inflation data does not cause chaos in the market.
APPN Long APPN potencial breakout from current level. there is one small resistance at 98/99$ range, after that one it could go to the 118$ range
APPN Long Potential breaking out the channel and could continu to next resistance at 118$ range. there is a small resistance at 98/99$ dollar.
APPN ForecastApr 23, 2021 • Fractal Rider Forecast | Analysis
Market: Equities
Sector: Technology Services
$APPN - Appian Corporation
Profile:
Appian Corp. provides business process management (BPM) solutions. Its BPM tools automate and measures business processes. The firm's products include BPM software, case management, mobile application development, and platform-as-a-service. The company was founded by Matt Calkins, Robert C. Kramer, Marc Wilson, and Michael Beckley in 1999 and is headquartered in Reston, VA.
Analysis Idea:
Price Action seems to have arrived at a turning point, as the correction structure seems to indicate. If this analysis is accurate, we have an excellent Entry Point with very low-risk exposure.
Trading Signal:
PE (Point of Entry): $132.00 - $142.00
SL (Stop Loss): $114.45
TP1 (Take Profit): $260.00 (~99%)
TP2 (Take Profit): $301.57 (~231%)
Projected Performance: ~231%
Position Span: Medium Term (12-18 Weeks)
APPN Short Bias. 4 hour.I got stopped out below horizontal s/r level today. Looking for my lesson now.
I typically do not re-enter trades on the same symbol after taking a loss, as the stop tells us when we are wrong.
However, I think I could just as easily flip my bias now and get short when it pokes above the s/r value as it inevitably will. How far the poke will go is the question...
No earnings for another month... so I don't see why the trend would abruptly change. In fact, if I were a patient bull watching this stock I would be very happy to let it drop and drop until earnings comes out, then buy if it's favorable. I'll check back in on this at weekend to see if s/r gets tested again.
$APPN 3 Drive Pattern
Much like the ABCD pattern or lightning we have a 3 drive pattern in $APPN (3 equal length drives) , will be switching over to lower time frame once alerted in this PRZ zone (Price reversal) This is very similar to many great traders mean aversion set ups. Kristjan Quallamaggie on twtr made millions off that pattern, he plays long and short, he always says its 100 of years old, Jesse livermore traded it, he has a free video of his set ups on youtube. Totally different rules but my mentors match almost perfectly, just more accurate w set targets, 382 and 618 of whole move ( 3 drives )
APPN 🌦I know I've said in the past that I aim for stocks with a market cap of 15B higher. However if the dividend yield is below 2% and the beta is greater or equal to 1, I can compromise.
