Applovin Corporation (APP) - Rectangle Breakout
Company info:
AppLovin enables developers of all sizes to market, monetize, analyze and publish their apps through its mobile advertising, marketing, and analytics platforms MAX, AppDiscovery, and SparkLabs. AppLovin operates Lion Studios, which works with game developers to promote and publish their mobile games.
Technical:
There has been a breakout from months of consolidation
Position:
Yesterday, I bought before the close and my stop is at 41.58
Initial target is at 53.
AppLovin enables developers of all sizes to market, monetize, analyze and publish their apps through its mobile advertising, marketing, and analytics platforms MAX, AppDiscovery, and SparkLabs. AppLovin operates Lion Studios, which works with game developers to promote and publish their mobile games.
Technical:
There has been a breakout from months of consolidation
Position:
Yesterday, I bought before the close and my stop is at 41.58
Initial target is at 53.
Trade closed: stop reached:
Out for now. Stops triggered. Did not have follow through.