STTComp APX TA LongAPPEN LIMITEDClosing price - $1.175Market...

  1. R08
    11,387 Posts.
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    STTComp APX TA Long

    APPEN LIMITED
    Closing price - $1.175
    Market capitalisation - $311m
    Shares on Issue - circa 260m
    Cash at bank - $67.9m at March quarterly.

    Been a great trader this stock. Monthly chart looks great with one of my favoured TA patterns forming, looking to complete at target above. Chart below. Coming of highs above $3, the recent retrace has found support bouncing off $1.100 a few times. Took a position at $1.105 recently. Should the TA play out, $1.33 is first test on way back up.

    (again…let me know if not compliant in the post).

    https://hotcopper.com.au/data/attachments/7046/7046725-26cf5b82c953b314e2fe132876ce1c5b.jpg
 
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