APP has been rather disappointing... the stock has plummeted from its all time high of 512 to its current range, that's over 55% within the short 2 months. The share is still trending within this bearish channel it Creates since.
It needs to get back up above $300 level and stay above it before we can see a real recovery, that would be back up above the 50 EMAs.
Meanwhile selling covered at a safe distance strike as the price now is too low from the holding strike. $APP 20250417 350.0 CALL$
| Side | Price | Realized P&L |
|---|---|---|
| Buy Close | 0.00 | +100.00% Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: