Aug. 29 at 1:07 PM
$APP If I'm interested in owning a company, like this one, I'll dig into its fundamentals. I did that this morning with this and I have to say...I like it.
If I'm interested in trading it, as I am with this also, I literally care only about the charts and what may or may not be setting up.
The charts still paint a bleak picture but a turnaround could happen at any time.
I show a weekly, a weird daily with verticals - don't normally do that -showing first trading day of the month and a zoom in daily where it's pretty clear what needs to happen for upside with that 20 ema.
Sidenote - Friday's candle was seriously sketch. It will be quite interesting to see Monday's reaction to it.
Overall, I like this company and am impressed with their strategies of digging in hard to the larger ad spaces across the ecosystem.
On the current trade, I'm undecided as of now, but on the overall,
I'm definitely