$APX - APPEN - Breaking through resistance to new highs

2019年2月3日

APX - APPEN - Breaking through resistance to new highs

Appens looking good at the moment. Bit of volume coming through should keep it going. I'm currently up around 20% so far from first purchase. Might look to top up if it looks to continue with a bit of pressure taken off the RSI / retrace and rebuild.

Appen Limited is engaged in the provision of data solutions and services for global technology companies and government agencies. The Company operates through two segments: Content Relevance and Language Resources. The Content Relevance segment provides annotated data used in search technology (embedded in Web, e-commerce and social engagement) for managing relevance and accuracy of search results. The Language Resources segment provides data used in speech recognizers, machine translation, speech synthesizers and other machine-learning technologies for devices, including Internet-connected devices, in-car automotive systems and speech-enabled consumer electronics. Its solutions include search technology, such as whole-page evaluation and query categorization; language technology, such as phonetic transcription, sentiment analysis, speech-recognition training data, and conversational data; social technology; crowd sourcing, and project management for global deployments.

2019年2月3日

註釋

Couple of people in the forums think this might go the wrong way at least in the short term, so make sure you set your stops.

2019年2月6日

註釋

Pushed through and running nicely. RSI is overextended so sure to be a slow down / correction coming up.

2019年2月25日

註釋

Nice rockets today. Touched $23.20 off a 23% move. I should take profit, but its in one of our long term buy and hold buckets so will wait for it to break a MA 100 day before worrying about it. Nice run so far though.

2019年5月28日

註釋

The excellent run continues. Up 75% now from when I first posted it and has finally broken out of that tough resistance zone. Lets hope it can get moving again now.

2019年7月1日

註釋

The run continues but up against another resistance area. Hopefully will push through again.

2019年7月16日

註釋

It's through. I feel like its tested that level now and will hopefully start to make inroads into the $30's.

2020年2月11日

註釋

Appen has broken back through a previous resistance / support area. Could have a bit in it if it runs.

2020年7月22日

註釋

Nice 100% run post covid.