APX Charts, page-1373

@ralom,

Circa $19 AEP now, with plenty of dry gunpowder ready to deploy incrementally if the share price was to fall further.

I'm expecting to be back in the green as soon as APX stabilises and turns for a bounce. The RSI and many other indicators are showing that APX is oversold, but momentum and 10 year US treasury yields are the two key determinants of short term performance right now. Appen at current prices isn't a get rich quick scheme... but it is a get rich gradually scheme.



We have a significant margin of safety at current levels (14x EV/EBITDA CY21). The company doesn't even need to perform well going forward to justify today's price (regardless I think Appen will perform just fine).

T.E.P.