MarketMotion

APP - Price Target $120

Long
NASDAQ:APP   Applovin Corporation
Big breakout from 5-month consolidation channel and Ascending Triangle. Anytime we get a breakout from consolidation channels like this, we want to measure the high and low of the channel and add that measured distance to the top of the channel. The implied move here is $120.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.