Aug. 11 at 12:56 AM
$APP Another perspective for those with the virtue of paitience.
Chart is the proverbial Turtle system 2, it's a channel of 55 day HHV/20 day LLV, Slower, and thus more potent than the System 1's 20/10.
Tossed in a 100 day rate of change. It has some predictive qualities that a lagging moving average lacks. It's...........like..................like a speedometer.
At this point in time, the 55 day day is
$616. Versus the present
$339, would REQUIRE and 81.7% return just to get BACK to the 55 day price point which is still 100+ points below all time high. You know, the head of the H&S.
Good luck with that and your perceived risk/reward. Thinkin' 50 bucks. In time of course.
