Blue Apron possible Cup and Handle
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 Stock. Hopefully, I'm right. :) There are a couple lines that could serve as Resistance. The blue dotted horizontal line I have drawn is based off an area of Resistance from February 08-16, 2018. The solid green line is drawn off a high wick on February 13, 2018.
Let me know what you think, and if you have any questions.
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 Stock. Hopefully, I'm right. :) There are a couple lines that could serve as Resistance. The blue dotted horizontal line I have drawn is based off an area of Resistance from February 08-16, 2018. The solid green line is drawn off a high wick on February 13, 2018.
Let me know what you think, and if you have any questions.
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.