APX 5.35% $1.97 appen limited

Probable Trend Reversal For APX, page-620

  1. 10,941 Posts.
    lightbulb Created with Sketch. 1347
    AUD is sky high and will retrace sooner or later
    AUD low is a headwind
    AUD high is a tailwind

    Covid in U.S improving over next few months as vaccines are rolled out is another headwind but it's going to take few months to play out.. Feb/March sounds about right. But whats already factored in is the question as funds will start looking past known headwinds.. so I think a little bit lower to go next couple of weeks then anticipation of headwinds will starting kicking in later this month and into the new year ... FY20 is done and dusted.
 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.