NASDAQ:APP Anticipates robust third-quarter revenue reaching up to $800 million, showcasing healthy sequential growth from the previous quarter's $750 million. Bullish outlook suggests an entry above $38.00-$39.00, targeting upside in the $58.00-$60.00 range. 📈💼
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The price chart has encountered a strong resistance zone that may cause the price to stall for a few days.
But it will continue with a price increase again.
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.
