A stock on the move as long term buyers continue the trend higher

Potential Buy Entry Alert APX

 

Time Frame : Daily/Weekly

Sector : Software and Services/ Technology

Key Stats : $1.36 Billion Market Cap, VWAP 13.086, ASX Ranking 205, 4 Week Av Turnover $10,386,387.

Company Overview : Appen Limited (APX) is a globally focused company that provides language technology data and services in more than 150 languages and dialects to technology companies and government agencies. Appen is divided into two distinct business divisions: Content Relevance and Speech and Data Collection.

 

APX – Appen Limited

APX has been a solid mover as buyers continue to take price higher. We now see price action showing some minor profit taking from the run up from 10.00. We are now on watch for a buy entry setup in the form of a higher low, as long term buyers continue the trend up.

 

Stock Code : APX – Appen Limited

Company Website : www.appen.com

Current Price : 13.24

Status : On watch for a buy entry setup