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.
It has been an insane ride to these levels, from the $43 peak to...
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Last
46.5¢ |
Change
0.005(1.09%) |
Mkt cap ! $103.1M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $96.92K | 209.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 198203 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 44102 | 11 |
View Market Depth
| Last trade - 10.52am 24/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |