What a disaster for investors and a joy for short sellers whom jumped on this straight from the IPO. Once a novel idea that is now swamped by competition, who in seems are doing it better. On a positive front new CEO has taking the reins and has a very good track record from his time as COO of ETSY. We think this is worth a small long position, lets face it a 100%...
This is starting to breakout, I see it trying to push up, up and away. If it can hold, and push up then it's got legs! keeping this guy on the watch list may be going
+.12 is a +12% gain. choices choices choices. uc.
Blue Apron formed a H&S bottom formation. Interesting chart, you have a small H&S which broke out on very high volume then moved sideways. That short sideways action is at the same level which you can conclude is the right shoulder of a bigger H&S Bottom.
An initial public offering (IPO) is often described as a company's "coming out party." It's the moment when a successful, privately held business says, "Hey, world! Who wants a piece of the action?
But what if nobody shows up?
Blue Apron APRN has seen 90 percent of its market value disappear since its initial public offering in June 2017 and SNAP shares' 70...
The most disappointing IPO in 2017
This turd has been such a disaster from the get go but it does present a pretty solid technical setup right here with low risk IMO.
* Broke out of its descending trend line in May of this year to realize about 115% return in about 2 months only to return back to the ATL's
* The weekly and D3 price action has remained...
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I think Blue Apron (APRN) could be forming a possible Cup and Handle. The 10 Day Exponential Moving Average (EMA) and 20 Day EMA seem to be holding up as support every few days. I have entered a Bullish position already by purchasing...
APRN went up as expected double digit gains were made!, Personally I would feel better if it goes down more before I buy back because it's a bit extended at this point but yeah this is a gainzta! WARNING Avoid if you don't want to many gains! bullish af
Has been consistently beating on earnings report, and it's looking poised to go on a huge bull run this year. Gains will occur this season, summer it will be a bulking phase, carbs are welcome at this time. "If you can't handle me when I'm bulking you don't deserve me when I'm cut." Can this stock double and hit 5? it's a possibility and a high one
APRN started to push up after making a base here. It has broken out its recent resistance on huge volume and Twiggs money flow surging really high. We consider it as a very good momentum play.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Possible fallen angel momentum play
Entry Criteria- Possible entry here ($2.44), look for possible early...