Panjang
APRN - Why I went Long on Calls
The most disappointing IPO in 2017
$NYSE:APRN
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.
I bought a few $2 leap calls for 1/2019 -- 60 cents each -- I went small size and will average down to a half size position if price can get in the mid 1.9's and be supported.
** Risk is a D3 close below 1.88
* Profit target is 3.50
$NYSE:APRN
$NYSE:APRN
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 above the ATL's consistently in March and again in August of this year - this is an established strong support for now ...
* Obviously this trash has lots of hurdles to overcome with overhead resistance in basically every price point from beyond here -- the imminent ones would be the 10EMA and 50EMA which are about 2.22 and 2.72 respectively
I bought a few $2 leap calls for 1/2019 -- 60 cents each -- I went small size and will average down to a half size position if price can get in the mid 1.9's and be supported.
** Risk is a D3 close below 1.88
* Profit target is 3.50
$NYSE:APRN
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.