Long $APPS after breakout from consolidation area.
Breakout on APPS after consolidating and getting back above 50 MA and 20 EMA for a continuation higher. Looking for a retest of all time highs and invalidation is acceptance below 70 and back into VP value.
- Entry: 87.99, raw stock with half a position, looking to add more on a successful retest of breakout or building value above breakout level.
- Target: 100 - 105 First target is a retest of previous highs, holding some for a runner and possible adding more on accumulation higher.
- Stop: acceptance below 70, possibly getting back into value.
- Entry: 87.99, raw stock with half a position, looking to add more on a successful retest of breakout or building value above breakout level.
- Target: 100 - 105 First target is a retest of previous highs, holding some for a runner and possible adding more on accumulation higher.
- Stop: acceptance below 70, possibly getting back into value.