$APX - APPEN - Breaking through resistance to new highs

$APX - APPEN - Breaking through resistance to new highs

Appens looking good at the moment. Bit of volume coming through should keep it going. I'm currently up around 20% so far from first purchase. Might look to top up if it looks to continue with a bit of pressure taken off the RSI / retrace and rebuild.

Appen Limited is engaged in the provision of data solutions and services for global technology companies and government agencies. The Company operates through two segments: Content Relevance and Language Resources. The Content Relevance segment provides annotated data used in search technology (embedded in Web, e-commerce and social engagement) for managing relevance and accuracy of search results. The Language Resources segment provides data used in speech recognizers, machine translation, speech synthesizers and other machine-learning technologies for devices, including Internet-connected devices, in-car automotive systems and speech-enabled consumer electronics. Its solutions include search technology, such as whole-page evaluation and query categorization; language technology, such as phonetic transcription, sentiment analysis, speech-recognition training data, and conversational data; social technology; crowd sourcing, and project management for global deployments.

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Couple of people in the forums think this might go the wrong way at least in the short term, so make sure you set your stops.

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Pushed through and running nicely. RSI is overextended so sure to be a slow down / correction coming up.

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Nice rockets today. Touched $23.20 off a 23% move. I should take profit, but its in one of our long term buy and hold buckets so will wait for it to break a MA 100 day before worrying about it. Nice run so far though.

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The excellent run continues. Up 75% now from when I first posted it and has finally broken out of that tough resistance zone. Lets hope it can get moving again now.

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The run continues but up against another resistance area. Hopefully will push through again.

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It's through. I feel like its tested that level now and will hopefully start to make inroads into the $30's.

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Appen has broken back through a previous resistance / support area. Could have a bit in it if it runs.

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Nice 100% run post covid.