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).
