Feb. 14 at 12:09 AM
$APPS
Current situation: C-wave in progress,
$4.18 is NOT the bottom yet.
Target:
$3.40-3.70 where C-wave completes (65% probability, 1-2 weeks).
Why: C = A × 0.618-1.0 (
$4.24 × 0.618 =
$2.62, so
$6.19 -
$2.62 =
$3.57), C-5 wave = C-1 wave (
$4.60 -
$0.99 =
$3.61), and 61.8% Fibonacci retracement =
$3.88.
Confirmation needed: Volume exhaustion (<5), RSI divergence, hammer candle,
$3.97 (C-3 low) retest.
Timeline: Expect drop to
$3.40-3.70 within 5-10 trading days, then reversal.
Action: Wait - don't buy now. Enter 30% at
$3.40-3.70 with
$3.30 stop loss.
Risk: If breaks
$3.30, could drop to
$3.00 (25% chance) or
$2.65 (10% chance).
Next move after bottom: Target
$6.00-6.20 for wave 1 up (35-45% gain).