$APPN
Mapping out a target for $APPN. The wave counts seem straight forward but the forecast is challenging especially with the fear of a looming correction.
The RSI seems to align with a wave 4 but the MACD and engulfing candle suggest a continuation of wave 3. Technicals and Oscillators have the same conflict.
Price is above nicely aligned EMA’s and Vol profile can provide support. Possible C/H in progress.
APPN
Mapping out a target for $APPN. The wave counts seem straight forward but the forecast is challenging especially with the fear of a looming correction.
The RSI seems to align with a wave 4 but the MACD and engulfing candle suggest a continuation of wave 3. Technicals and Oscillators have the same conflict.
Price is above nicely aligned EMA’s and Vol profile can provide support. Possible C/H in progress.
APPN
Trade closed: target reached
Comment:
Handle forming - looking for second target.
Comment:
$APPN reports earnings Thursday 2/18 after close.