$APRN Forecastusing the 15m chart, looking at a wedge pointing at $8.50 or so level. I have been in since $3.03, pretty nice and steady rise the last few weeks, nothing too squeezy. I prefer it that way.
GL
Blueapron
Another Short on the Apron. APRNBlue Apron Holdings.
Goals 4, 3, 1.8. Invalidation at 8.58 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
APRNThey call this a graveyard but what they forget is that graveyards look their best when there is a full moon shining above.
Blue Apron Holdings descending. APRNYou can just see the dropping momentum on the candlesticks here. Then what comes up must come down. How low? Only time can tell. It is much easier to say which way we are going in the market than how high or how low.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Blue Apron A Sleeping Giant [PENNYSTOCK]Here we have a trade in APRN that I was contemplating keeping for myself as this setup appears almost too good to be true. This is a popular stock as of recent, however, it should pointed out right away that the marketcap on this is tiny and therefor this kind of trade does require some experience as penny stocks are very volatile.
As a crypto trader at heart, I see much similarities between low cap stocks and cryptocurrencies, which for me personally makes penny stocks some of my favorite assets to trade.. especially when we have something such as exhibit A here in Blue Apron that has done 3 major bullish things that I love to see as a trader:
#1 ) APRN has broken bullish out of a downward sloping trendline (in green) that has been significant in keeping the price down almost year to date.
#2 ) We have some conviction that this could be real in the fact that we have broken not only major resistance, but have also just broken the .236 Fibonacci level as well, a great level to long when price is having a breakout.
#3 ) Classic bullish divergence on the RSI on a significant timeframe which only means that the price of this asset has a TON of pent up bullish energy waiting to be unleashed potentially.
If the $4.46 (.236 fib) is held as support on this daily chart, a move to $5.98 could be our first target before any real resistance is found.. 30% to the upside from where we currently stand.
Lastly, and it almost goes without saying, anything below out .236 fib level is bearish and we want nothing to do with it should a daily candle close below it OR if we gap down underneath the .236 level at the daily open.
APRN's Crashing Slighly After Rally, but Likely a $10 ShortFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into some important key points. Blue Apron had one of its biggest rallies given the surge in demand for obvious reasons, especially after poor earnings and operational performances. However, some operational problems are rumored to be returning, but it looks like even w/ mismanagement and the current resistance target, the price of Blue Apron's stock should reach around $10 soon, even given many of the professional analyst's negative sell-off orders.
When you lose more than 90% of your money overnightLogging this before it gets removed from everywhere and vanishes forever.
100% guarentee if this was a "the future" tech stock they would have found enough fools to push the price up and let them survive at least another decade...
Blue Apron is a garbage unprofitable company with stupid ideas that launched an IPO in 2017 because they desperately needed money to survive since they cannot cut their losses and move on "we can do it never give up we will show the haters that is what they said about Amazon (no not really + most successful entrepreneurs failed many times and no one cares capitalism only rewards them the 1 time they succeed and forgot about all the fails)" (let's keep the gangrene running a little longer because reasons).
This is why you do not buy in a downtrend with no support...
ANALYSIS: USDJPY TO CLOSE BELOW 110.00USDJPY could see further downside if the market can close below 110.00. Earlier in the week,
we discussed a potential breakout of the triangle consolidation pattern and the likelihood of the market
testing 110.00 demand zone on a dovish fed tone. Now that price has re-tested this zone the market is currently
breaking below it. If we see a weekly close below the level expect further downside to come.
APRN: Trend PlayAnother one that popped up on my stock screener the other night.
I have a stop limit set at $1.75
Hoping to make a play on this apparent flag pattern.
See more detailed ideas of mine at Assetguild.com
Possible buying opportunity for two IPO blundersAn initial public offering (IPO) is often described as a company's "coming out party." It's the moment when a successful, privately held business says, "Hey, world! Who wants a piece of the action?
But what if nobody shows up?
Blue Apron APRN has seen 90 percent of its market value disappear since its initial public offering in June 2017 and SNAP shares' 70 percent plunge in 2018 make these two stocks among the most unsuccessful IPOs of all time.
2019 might finally present a buying opportunity for these two stocks. Further details explained on the graph.
