AVPT Continues Uptrend
AVPT is a major partner with MSFT; as MSFT has good fundamentals & is in an uptrend, AVPT may benefit.
AVPT has strong technicals & early indications of sound financials & is likely to be more volatile than MSFT leading to better opportunities for outsized gains; but also outsized reversions.
As the moving averages form a bullish cross this could be a great opportunity. As charted, at least a 2:1 risk to reward ratio. Set stop loss as indicated. Watch for a failure to form a bullish MA cross.
AVPT has strong technicals & early indications of sound financials & is likely to be more volatile than MSFT leading to better opportunities for outsized gains; but also outsized reversions.
As the moving averages form a bullish cross this could be a great opportunity. As charted, at least a 2:1 risk to reward ratio. Set stop loss as indicated. Watch for a failure to form a bullish MA cross.
Nota
This was a total miss on my part. Reversal signal was daily candle dropping below 6 MA on 7/27.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.