$APPH Potential 30%+ swing over next couple weeks

3 במרץ 2021

APPH promising long term play, seems to have found itself in a nice consolidation over the last month.

Worth keep an eye on for potential entry if it can bounce off ~$29.5 again (Looks good on the hourly with weak selling). Looking for similar or greater volume levels & corresponding candlestick body width for confirmation.

Stop Loss around $25.5 (.786 Fib) from previous high before consolidation.

Who knows how long it stays in this channel, but have PT of $50+ before EOY.