40% revenue growth quarter after quarter, these guys are the real deal. The stock price reflects the aggressive growth made by AppLovin. Unless there is some serious accounting fraud going on, this is the type of stock you buy on the dip for the next leg up. I entered a swing trade at the confluence of 200 Day moving average and the golden pocket fibonacci level around $237.
The bounce was strong and my stop loss has been moved up to break even . If they have another strong quarter showing 40% growth the 5th Wave could be in play.
Not financial advice, do what's best for you.
The bounce was strong and my stop loss has been moved up to break even . If they have another strong quarter showing 40% growth the 5th Wave could be in play.
Not financial advice, do what's best for you.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.