SENMS1319

APPEN LIMITED (APX)

Long
ASX:APX   APPEN LIMITED
Entry Indication:
  • the hammer candle appears and standing on the 200 EMA.
  • the RSI indicator shows oversell but the candle closed bullish (selling momentum is weak)

Risks:
  • the 20 & 50 EMA are currently setting on an important spot(intersection appears).
  • current trend is shifting to bearish.
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