Long
$APPH uptrend
Updated
Appharvest seems to have completed the 5/5 down trend. It has created a nice pitchfork to help with long -term PTs. Today it reclaimed the 10day EMA, which for me is the first true sign of an uptrend. I think it will consolidated around the bottom of the pitchfork for a week or two before turning up towards the next leg of the fork. I have opened up December calls on this one with a PT of 35. Will be monitoring it for possible technical indicators and wave analysis.
Note
Lost Key support. Stop-loss trade if you havent already
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