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 30% profit.
In both prior flag breakouts, the range of the flag added to the peak of the flag was a conservative price target, so for this current situation I am targeting the 220-225 level, which is a 30% gain from the prior price.
-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 30% profit.
In both prior flag breakouts, the range of the flag added to the peak of the flag was a conservative price target, so for this current situation I am targeting the 220-225 level, which is a 30% gain from the prior price.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.