When the Price of (APLS) Talks, People Listen

February 07, 2024, 10:46 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for APLS

• Buy APLS slightly over 49.6 target 70.62 stop loss @ 49.46 Details

The technical summary data tells us to buy APLS near 49.6 with an upside target of 70.62. This data also tells us to set a stop loss @ 49.46 to protect against excessive loss in case the stock begins to move against the trade. 49.6 is the first level of support below 66.425 , and by rule, any test of support is a buy signal. In this case, support 49.6 is being tested, a buy signal would exist.

• Short APLS slightly under 70.62, target 49.6, stop loss @ 70.82 Details

The technical summary data is suggesting a short of APLS as it gets near 70.62 with a downside target of 49.6. We should have a stop loss in place at 70.82though. 70.62 is the first level of resistance above 66.425, and by rule, any test of resistance is a short signal. In this case, if resistance 70.62 is being tested, a short signal would exist.

Swing Trading Plans for APLS

• Buy APLS slightly over 66.86, target 70.62, Stop Loss @ 66.67 Details

If 66.86 begins to break higher, the technical summary data tells us to buy APLS just slightly over 66.86, with an upside target of 70.62. The data also tells us to set a stop loss @ 66.67 in case the stock turns against the trade. 66.86 is the first level of resistance above 66.425, and by rule, any break above resistance is a buy signal. In this case, 66.86, 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 66.86, target 62.75, Stop Loss @ 67.05. Details

The technical summary data is suggesting a short of APLS if it tests 66.86 with a downside target of 62.75. We should have a stop loss in place at 67.05 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, 66.86, 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 66.86, target 68.37, Stop Loss @ 66.7 Details

If 66.86 begins to break higher, the technical summary data tells us to buy APLS just slightly over 66.86, with an upside target of 68.37. The data also tells us to set a stop loss @ 66.7 in case the stock turns against the trade. 66.86 is the first level of resistance above 66.425, and by rule, any break above resistance is a buy signal. In this case, 66.86, 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 66.86, target 64.47, Stop Loss @ 67.02. Details

The technical summary data is suggesting a short of APLS if it tests 66.86 with a downside target of 64.47. We should have a stop loss in place at 67.02 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, 66.86, 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 February 07:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	27.96
P2	64.47	62.75	49.6
P3	68.37	66.86	70.62

AI Generated Signals for APLS

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Apellis Pharmaceuticals Inc. (NASDAQ: APLS) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for APLS can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.