financetom
Business
financetom
/
Business
/
TradePulse Power Inflow Alert: Applovin (APP) Receives Alert After Dropping Early, Then Rises Over 20 Points
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TradePulse Power Inflow Alert: Applovin (APP) Receives Alert After Dropping Early, Then Rises Over 20 Points
Dec 9, 2024 3:22 PM

THE STOCK ROSE 6.5% FRO THE SIGNAL

Applovin ( APP ) corp, (APP) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 

At 10:36 AM on December 9th, a significant trading signal occurred for Applovin ( APP ) corp. as it demonstrated a Power Inflow at a price of $336.87. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Applovin’s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Applovin’s stock price, interpreting this event as a bullish sign.

Signal description

Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders. 

The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock’s overall direction, powered by institutional activity in the stock, for the remainder of the day. 

By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success

If you want to stay updated on the latest options trades for APP, Benzinga Pro gives you real-time options trades alerts. 

Market News and Data brought to you by Benzinga APIs and include firms, like    https://www.tradepulse.net  which are responsible for parts of the data within this article.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

After Market Close UPDATE:

The price at the time of the Power Inflow was $336.87. The returns on the High ($358.72) and Close ($342.53) after the Power Inflow were 6.5% and 1.2%, respectively. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite.

Past Performance is Not Indicative of Future Results

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kering warns on annual 2024 operating profit as Gucci sales fall
Kering warns on annual 2024 operating profit as Gucci sales fall
Oct 23, 2024
PARIS (Reuters) -French luxury goods group Kering warned on Wednesday its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak demand in China deepened the struggles of its main label Gucci. Revenue for the group which also owns fashion brands Saint Laurent, Balenciaga and Bottega Veneta, was 3.79 billion euros ($4.08 billion),...
Oracle Faces Competition, Growth Concerns as Database Leader, RBC Says
Oracle Faces Competition, Growth Concerns as Database Leader, RBC Says
Oct 23, 2024
11:50 AM EDT, 10/23/2024 (MT Newswires) -- Oracle (ORCL) faces increasing competition from hyperscale cloud vendors and concerns about the long-term sustainability of recent growth drivers, notably cloud infrastructure and generative artificial intelligence, RBC Capital Markets said Wednesday in a report. Cloud competition looms from Amazon.com ( AMZN ) , Microsoft ( MSFT ) and Alphabet's Google ( GOOG )...
Infosys to Use Meta's Llama AI Tools to Support Open-Source AI Application Development Under Expanded Deal
Infosys to Use Meta's Llama AI Tools to Support Open-Source AI Application Development Under Expanded Deal
Oct 23, 2024
11:46 AM EDT, 10/23/2024 (MT Newswires) -- Infosys ( INFY ) said Wednesday it will be using Meta Platforms' ( META ) Llama stack of artificial intelligence models and tools to support the development of generative AI in open-source applications. As a part of the expanded partnership, Infosys ( INFY ) has launched a Meta center of excellence along with...
Baker Hughes forecasts higher margins on strong order backlog
Baker Hughes forecasts higher margins on strong order backlog
Oct 23, 2024
(Reuters) - Baker Hughes ( BKR ) on Wednesday forecast continued pretax margin gains in the fourth quarter and next year after beating Wall Street estimates for its third-quarter profit. Shares of the company were trading 3.5% higher. The company's upbeat outlook followed more than doubling of orders in its non-LNG gas technology equipment and margin gains in oilfield services...
Copyright 2023-2026 - www.financetom.com All Rights Reserved