The gap will be closed once $12.77 is reached, my TA states this is where the next resistance will be seen and most likely a rejection will occur. Support will be provided again at $12, allowing the push to $14.
Unless an update comes along like their competitor Telus who showed a growth in Q3 revenue due to increased demand (most likely the reason for the run up we've had).
Big traders have a profit take at $16-$17 on Appen, so would expect to see more resistance here.
APX Charts, page-3369
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Last
$1.32 |
Change
0.165(14.3%) |
Mkt cap ! $294.3M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.32 | $1.17 | $19.91M | 16.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 37000 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |