swing traders dream! looks like a solid swing trade here if pink channel breaks out, curling RSI, volume building up, load zone is 140-170 and price targets to unload are 220-240!
APPN trade ideas
APPN, right shoulder in cooking?It seems perfect that right shoulder could be brewing for APPN,
only time will tell
*Solely for research purpose
$APPN HBD and GartleyThe gartley isnt perfect but the .786 reversal is nice. The HBD on both MACD and RSI looks good too. Not getting in at the bottom, but if you target A the R/R still works out.
$APPN Appian $300+ by mid 2021Staircase pattern should have brought the second leg up to $300. Oversell because of the weak market should result in overbought territory as drawn in the green triangles .
- Be cautious for more downside due to the markets rolling over, further downside can destroy this Technical Analysis
$APPN Bounce areas for higher #$Watching a couple areas, i will update, keep an eye on blue daily trend line noted
APPN Breaking outAPPN breakout today, if momentum continues we are likely to test 275 level very soon
$APPN - bull pennantThis was brought to my attention by fellow trader.
I love the bull pennant, the MACD, stochastic and ATR are all in good positions.
Would grab calls and hold for 1-2 days.
APPN Setting UpAPPN looks great as it consolidates on the 10-day moving average. This stock was a beast in November but has gone quiet recently. Really nice risk/reward if we get a breakout before earnings.
$APPN Update; I would buy now at the bottom of this handleup up to 275 only my opinion off their pattern. GLA
Rising wedgehit its channel bottom today at 189 which is where I bought the dip and set my stop loss. Should take one more trip up to 270-275. before the free fall to strong support at 161. Has been on tear ever since motley fool reccomend it
$APPN - Target$APPN
Mapping out a target for $APPN. The wave counts seem straight forward but the forecast is challenging especially with the fear of a looming correction.
The RSI seems to align with a wave 4 but the MACD and engulfing candle suggest a continuation of wave 3. Technicals and Oscillators have the same conflict.
Price is above nicely aligned EMA’s and Vol profile can provide support. Possible C/H in progress.
NASDAQ:APPN
Ichimoku entry APPNchose this one today mainly because of the nutty volatility but with the caveat that i'm not going to go with the algorithmically generated stoploss, instead setting it at the cloud bottom. I'm not about risking a -23% trade lol
APPN forming a pennant; possible breakout soonAPPN is forming a pennant, which is considered a continuation pattern. Volume has weakened throughout the pennant, which is in line with the formation. If there is a breakout to the upside, the move should be at least 1/2 the length of the flagpole, which means we would probably revisit ATH. This doesn't need to happen overnight (and doesn't need to happen at all although the bias is continuation of the previous trend) so we should monitor the price from here. Also, the last touch on the pennant lower line conicided with the .5 fib retracement level, which provided extra support. I have a position in APPN and am looking to add more at these levels with a tight stop loss below the lower line of the pennant.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
