APX 2.04% 48.0¢ appen limited

APX Charts, page-311

  1. 2,989 Posts.
    lightbulb Created with Sketch. 2157
    Hi Folks

    The weekly APX chart do have some bullish signs. See chart Below.

    Bullish Signs so far only three but its a start:

    * The weekly hi-low candles traded entirely above the 10 week moving average (10WMA) for the last 2 weeks

    * The 10WMA has turned upward

    * The 40WMA is still rising (albiet slowly)

    A further bullish sign to watch out for is if the 10WMA crosses upwards above the 40WMA. If I am right this would happen the week that the share price trades around the 25.20 mark in a couple of weeks or so.

    I believe that if this does happen then we are off to the races again.


    https://finance.yahoo.com/chart/APX...iIzAwMDAwMCIsImNoYXJ0TmFtZSI6ImNoYXJ0In19fX0=

    Just my opinion on how to read this chart, DYOR.

    Good luck folks

    Cheers Lies
    Last edited by Lies&damnlies: 02/12/19
 
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APX (ASX) Chart
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