APX 0.97% 51.0¢ appen limited

APX Charts, page-16

  1. 183 Posts.
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    I still bought some just under $3 but I think we are forgetting that they filled 55% of their retail entitlement offer at $1.85. So I'm guessing we drop under that for a while. Didn't seem positive at all.

    hahaha what important fib did it bounce off?.618 is the last line of defense IMO and that is gone. It is pretty much back to ATL. Chart looks bearish only thing in play would be that range it broke back into just above $3 but with the $1.85 offering we should eventually get back there right or did I miss something?

    OBV is still low and RSI on daily still has room to push into oversold. Not to mention it looks like a bear flag break and retest on the hourly chart. My view is bearish atm but maybe we get a relief rally soon. Anyone heard any positives coming out of the company lately? https://hotcopper.com.au/data/attachments/5407/5407175-f43dba22c7299ace7ae4a9da12ef410a.jpg
    https://hotcopper.com.au/data/attachments/5407/5407178-4e57f35ad8c30b8926f38cc4c232c8d5.jpg
    Last edited by DumbFruit: 06/07/23
 
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