(APLS) Trading Signals

November 10, 2024, 16:06 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for APLS

• Buy APLS near 28.9 target 36.47 stop loss @ 28.82 Details

The technical summary data tells us to buy APLS near 28.9 with an upside target of 36.47. This data also tells us to set a stop loss @ 28.82 to protect against excessive loss in case the stock begins to move against the trade. 28.9 is the first level of support below 29.98 , and by rule, any test of support is a buy signal. In this case, support 28.9 is being tested, a buy signal would exist.

• Short APLS slightly under 36.47, target 28.9, stop loss @ 36.58 Details

The technical summary data is suggesting a short of APLS as it gets near 36.47 with a downside target of 28.9. We should have a stop loss in place at 36.58though. 36.47 is the first level of resistance above 29.98, and by rule, any test of resistance is a short signal. In this case, if resistance 36.47 is being tested, a short signal would exist.

Swing Trading Plans for APLS

• Buy APLS slightly over 36.47, target n/a, Stop Loss @ 36.36 Details

If 36.47 begins to break higher, the technical summary data tells us to buy APLS just slightly over 36.47, with an upside target of n/a. The data also tells us to set a stop loss @ 36.36 in case the stock turns against the trade. 36.47 is the first level of resistance above 29.98, and by rule, any break above resistance is a buy signal. In this case, 36.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short APLS slightly near 36.47, target 29.74, Stop Loss @ 36.58. Details

The technical summary data is suggesting a short of APLS if it tests 36.47 with a downside target of 29.74. We should have a stop loss in place at 36.58 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 36.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for APLS

• Buy APLS slightly over 30.32, target 36.47, Stop Loss @ 30.25 Details

If 30.32 begins to break higher, the technical summary data tells us to buy APLS just slightly over 30.32, with an upside target of 36.47. The data also tells us to set a stop loss @ 30.25 in case the stock turns against the trade. 30.32 is the first level of resistance above 29.98, and by rule, any break above resistance is a buy signal. In this case, 30.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short APLS slightly near 30.32, target 29.74, Stop Loss @ 30.39. Details

The technical summary data is suggesting a short of APLS if it tests 30.32 with a downside target of 29.74. We should have a stop loss in place at 30.39 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 30.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Apellis Pharmaceuticals Inc. (APLS) available here: APLS.

APLS Ratings for November 10:

Term →	Near	Mid	Long
Rating	Strong	Strong	Weak
P1	0	0	21.29
P2	27.87	27.59	28.9
P3	30.32	29.74	36.47

AI Generated Signals for APLS

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Trading Apellis Pharmaceuticals Inc. (NASDAQ: APLS) can be efficient and rewarding, especially in volatile markets, so long as the important pivot points for the stock are observed before making decisions to buy, sell, or short.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for APLS change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if APLS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for APLS too.  All of these are offered below the Summary Table.