APX 17.7% $1.00 appen limited

In continuation of my previous post, I am thrilled to share some...

  1. 2,294 Posts.
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    In continuation of my previous post, I am thrilled to share some great news.
    We have successfully broken out of the downtrend within the falling channel, marking a significant achievement from a technical standpoint.

    As I had mentioned earlier, I anticipated a strong breakout this week. However, it is important to acknowledge that profit-taking is a common occurrence in such situations. Consequently, I expect a retracement back to $3.31.Once the price demonstrates a resistance-to-support flip, we can anticipate a bounce, followed by substantial buying activity.


    https://hotcopper.com.au/data/attachments/5321/5321547-2cd4f7cf0632b1c3c22d5f655d7db3c0.jpg





    https://hotcopper.com.au/data/attachments/5321/5321544-c0df2d75945a2dc63d0619189a602c4a.jpg


    With this in mind, I firmly believe that reaching the $8-$10 mark is well within our grasp. Of course, it is crucial to consider external factors such as world politics or potential pandemics ha ha, as they can impact the market. Nevertheless, if no such events unfold, our prospects appear quite promising.
 
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Last
$1.00
Change
-0.215(17.7%)
Mkt cap ! $223.0M
Open High Low Value Volume
$1.25 $1.27 99.0¢ $33.62M 31.22M

Buyers (Bids)

No. Vol. Price($)
9 117991 $1.00
 

Sellers (Offers)

Price($) Vol. No.
$1.01 69030 2
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
APX (ASX) Chart
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