Hi all,
Will put my hat into the ring with Appen (APX).
Frankly speaking, my thesis doesn't suit the 1-month timeframe, but opportunity presents itself today with -9% on their quater update. I think unjustified, still tracking along fine against generated projections (multi-year timeframe). My thesis can be found in my PDF report attached - feel free to have a look if interested in fundamentals.
Technically? Let's call it a mean-reversion trade? haha. Couple of SD from the ST mean on today's price action, pull factor from fundamentals to >$1 still intact, starting off a lower base, with an improved R/R.
Then again, might break support, after rejection off the 20d today, some supply still locked into the stock potentially. So might be hardpressed to do anything out if the ordinary.
Ryan