It has been an insane ride to these levels, from the $43 peak to touching the low $15's. In a similar way, I have been planning my purchases (averaging up from my first buy a number of years ago at c$8), and Appen is now my largest holding. Most recently the stochastics indicate we are once again oversold, I agree that it's likely we will see $17-$18 in the short term as we bounce off the long term resistance around $15 (similar to March 2020).
If TA fails and the market continues to punish us here, I will be buying below $15 - I didn't think we would ever see this opportunity again. All tech shares have had a 'correction' from the bullish run to January, I think Appen has been caught in this action and well and truly oversold.
All IMO, DYOR and GLTAH. I hope we see a rise above $20 to regain some market confidence in this gem.
APX Charts, page-1712
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Last
$1.65 |
Change
0.095(6.13%) |
Mkt cap ! $372.5M |
Open | High | Low | Value | Volume |
$1.60 | $1.74 | $1.58 | $11.78M | 7.099M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 33052 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.66 | 17681 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 13425 | 1.670 |
5 | 14232 | 1.665 |
6 | 42777 | 1.660 |
2 | 4244 | 1.655 |
7 | 66651 | 1.650 |
Price($) | Vol. | No. |
---|---|---|
1.685 | 84654 | 7 |
1.690 | 111041 | 6 |
1.695 | 951 | 1 |
1.700 | 35149 | 13 |
1.705 | 23503 | 2 |
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