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.
Note
This was a total miss on my part. Reversal signal was daily candle dropping below 6 MA on 7/27.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.