AppLovin the Rocket Ship

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40% revenue growth quarter after quarter, these guys are the real deal. The stock price reflects the aggressive growth made by AppLovin. Unless there is some serious accounting fraud going on, this is the type of stock you buy on the dip for the next leg up. I entered a swing trade at the confluence of 200 Day moving average and the golden pocket fibonacci level around $237.

The bounce was strong and my stop loss has been moved up to break even . If they have another strong quarter showing 40% growth the 5th Wave could be in play.

Not financial advice, do what's best for you.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.