4/25/24 - vrockstar - great growth, nothing fundamentally wrong here which is suicide to short in an everprintmonetaryjokeworld, but i'm defn not buying this print and could consider a short on an outsize pop here. 10x revenue is not the right multiple for sub 30-40% 2y cagr growth and with these semi-but-let's-be-real non-software mgns (I get it, they'll scale,...
On 1/25/2024, AppFolio (APPF) reported earnings of $1.01 per share on revenue of $171.83 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.72 per share on revenue of $162.56 million.
AppFolio, Inc. (NASDAQ: NASDAQ:APPF ) has sent shockwaves through the market with a staggering 28% surge in its stock price following a fourth-quarter earnings report that defied expectations. The real-estate management technology company's stellar performance in Q4 2023 has not only exceeded analyst estimates but has also catapulted its stock to an all-time...
Shares hit an all-time high after the company posted record revenue results.
Shares of AppFolio (APPF 6.32%) jumped Friday after the real-estate software company reported a substantial surge in revenue growth and a meaningful improvement in profitability in the third quarter. The stock touched a new all-time high early in the session, and as of 12:45 p.m. ET, it...
This is a Bullish indicator signaling APPF's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron's A.I. dvisor identified 47 similar cases where APPF's MACD histogram became positive, and 41 of them led to successful outcomes. Odds of Success: 87%. Current price $159.87 crossed the support line at $157.52 and is...
APPF has broken upper trendline, but throwbacks are possible and there is not a clear uptrend in place. If you look at the pattern, this stock has been in this rectangle for quite a while and momentum will be needed to get out of the pattern it has been dwelling in for quite a while..
Broke up from a C&H pattern at 161.41 and has been in this rectangle ever...
Price action has been range-bound for months following initial pandemic crash and recovery.
Finding support at top of channel as 168 resistance develops as support.
Volume swell as new support holds indicates confidence in the move.
APPF looks to be ready for markup and price discovery. Invalidation below 165 indicates more range-bound movement.
From 2017-now APPF has been a profitable trade using either of 2 strategies:
-Accumulating a position while within a bull flag
-Buying the retest of the prior peak
Currently the stock offers both simultaneously, with a flag forming on top of the prior peak. This price trend is very similar to the flag that broke out in November 2019 which offered a chance for a...
