AppFolio, Inc.
做多

APPF (log chart) another bull flag

124
From 2017-now APPF has been a profitable trade using either of 2 strategies:

-Accumulating a position while within a bull flag
-Buying the retest of the prior peak

Currently the stock offers both simultaneously, with a flag forming on top of the prior peak. This price trend is very similar to the flag that broke out in November 2019 which offered a chance for a 30% profit.

In both prior flag breakouts, the range of the flag added to the peak of the flag was a conservative price target, so for this current situation I am targeting the 220-225 level, which is a 30% gain from the prior price.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。