Member Request: An Update on $APPS

I continue to think that—surprise, surprise—$APPS is also in a triangle. So long as the lower green trend line holds, I expect it to head to minor (green) D next.

APPS


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.


$APPS Bullish Consolidation Wedge Breakout and a Target

$APPS is somewhat difficult to generate targets for because the sheer magnitude of the advance over the last few years has been such a great percentage move that fibs become meaningless to us way up here. I have this entering the fifth intermediate wave of a primary third wave, but I can’t even show you the primary waves on the chart while also showing you the local wedge, but it’s up and to the right somewhere up there.

All I can do here is note this consolidation wedge breakout that appears to be happening and suggest that we can almost certainly target the old highs. That’s still a big advance from here. I will try to monitor the price action from here to there to see if we can then estimate future targets from those waves.

APPS

Read more “$APPS Bullish Consolidation Wedge Breakout and a Target”


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.