APX 5.35% $1.97 appen limited

APX Charts, page-311

  1. 3,097 Posts.
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    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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