Australia's largest stock trading and investment forum Australia's #1 stock forum

APX

Click for more information

2.59%

56.5¢ appen limited

Best looking chart on the ASX, page-132

First 132 Last

Share
Profile

Follow
wegian

2,285 Posts.

343

05/06/23

05:13

Post #: 68125452
Share

Originally posted by wegian: ↑

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.

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.

Expand

Interesting week ahead

The markets are expected to see some green charts this week due to the US debt ceiling raise.

I am expecting a pull back for traders to take some profits in the first part of the week, with support around $3.30.

However, I am expecting an explosion in price clearing $4 towards the second part of the week.

Good luck and good health all!

APX Price at posting: $3.76 Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 57 more messages in this thread...

First 132 Last

Add APX (ASX) to my watchlist

(20min delay)
Last 56.5¢		Change -0.015(2.59%)		Mkt cap ! $125.6M

Open	High	Low	Value	Volume
58.0¢	58.0¢	55.5¢	$1.025M	1.813M

Buyers (Bids)

No.	Vol.	Price($)
2	15652	56.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	6	1

View Market Depth

No.	Vol.	Price($)
2	15652	0.560
13	288325	0.555
29	192188	0.550
6	95630	0.545
9	162031	0.540

Price($)	Vol.	No.
0.570	6	1
0.575	26681	3
0.580	33739	3
0.585	24027	2
0.590	45799	4

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last 57.0¢			Change -0.015 ( 1.79 %)
Open	High		Low	Volume
58.0¢	58.0¢		56.0¢	637289
Last updated 15.59pm 30/05/2024 ?

APX (ASX) Chart

SPONSORED BY