Long
$APPH Potential 30%+ swing over next couple weeks
APPH promising long term play, seems to have found itself in a nice consolidation over the last month.Worth keep an eye on for potential entry if it can bounce off ~$29.5 again (Looks good on the hourly with weak selling). Looking for similar or greater volume levels & corresponding candlestick body width for confirmation.
Stop Loss around $25.5 (.786 Fib) from previous high before consolidation.
Who knows how long it stays in this channel, but have PT of $50+ before EOY.
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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.