$APPH promising long term play, seems to have found itself in a nice consolidation over the last month.
Worth keep an eye on for potential entry if it can bounce off ~$29.5 again (Looks good on the hourly with weak selling). Looking for similar or greater volume levels & corresponding candlestick body width for confirmation.
Stop Loss around $25.5 (.786 Fib) from previous high before consolidation.
Who knows how long it stays in this channel, but have PT of $50+ before EOY.
Worth keep an eye on for potential entry if it can bounce off ~$29.5 again (Looks good on the hourly with weak selling). Looking for similar or greater volume levels & corresponding candlestick body width for confirmation.
Stop Loss around $25.5 (.786 Fib) from previous high before consolidation.
Who knows how long it stays in this channel, but have PT of $50+ before EOY.