The stock APPN is currently at an appropriate entry point from the green buy zone. It has formed an inverted head and shoulders pattern, broken the downward trend, and is completing a double bottom formation. The target is 50.5$-52$, passing through 41.5$ and then 45$. There is a possibility of a short-term correction before returning to an upward trend. The stop-loss level is a close below 30$.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.