Appian Corporation
Panjang
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APPN Long after earnings

105
APPN looks like it wants to consolidate at these levels for a while, I started 1/5 of a position, once I have confirmation of a break higher (>34) I will add with the intention of selling covered calls near the highs- if we get there. I think that earnings was really positive, the huge increases in revenue and specifically large contracts that they have been able to acquire from fortune 500 companies and the repeat business is a testament to how valuable their services are.
Nota
Bought another 1/5 @ 32
Nota
BOOOOOM!
Nota
Stop triggered at $36.25 for 3/5's of position, will look to add if we see sub $34. Great long term stock.
Nota
Added @ 35.76 with a stop around 34.95. Looking for 40 to sell covered call now if we continue upwards.

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