Hey traders!
Let’s take a closer look at AppLovin Corp (NASDAQ: APP), which is showing some serious strength on the weekly chart.
Current Price: $466
Entry Zone: $450 – This level has acted as a solid support and could offer a great risk-reward setup.
Target 1: $540 – A key resistance level and potential short-term profit zone.
Target 2: $700 – If bullish momentum continues, this could be the next major upside target.
Catalyst to Watch:
AppLovin is rumored to be a strong candidate for S&P 500 inclusion. Such a move could trigger institutional buying, increase visibility, and act as a powerful tailwind for the stock.
Technical Setup Highlights:
Recent buy signals triggered
Momentum Ghost Machine shows increasing bullish pressure
BBSR extreme close values support a continuation of the uptrend
Add it to your watchlist and let’s see how this plays out!
Let’s take a closer look at AppLovin Corp (NASDAQ: APP), which is showing some serious strength on the weekly chart.
Current Price: $466
Entry Zone: $450 – This level has acted as a solid support and could offer a great risk-reward setup.
Target 1: $540 – A key resistance level and potential short-term profit zone.
Target 2: $700 – If bullish momentum continues, this could be the next major upside target.
Catalyst to Watch:
AppLovin is rumored to be a strong candidate for S&P 500 inclusion. Such a move could trigger institutional buying, increase visibility, and act as a powerful tailwind for the stock.
Technical Setup Highlights:
Recent buy signals triggered
Momentum Ghost Machine shows increasing bullish pressure
BBSR extreme close values support a continuation of the uptrend
Add it to your watchlist and let’s see how this plays out!
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.