Appian Corporation
Long
Updated

APPN Long after earnings

105
APPN looks like it wants to consolidate at these levels for a while, I started 1/5 of a position, once I have confirmation of a break higher (>34) I will add with the intention of selling covered calls near the highs- if we get there. I think that earnings was really positive, the huge increases in revenue and specifically large contracts that they have been able to acquire from fortune 500 companies and the repeat business is a testament to how valuable their services are.
Note
Bought another 1/5 @ 32
Note
BOOOOOM!
Note
Stop triggered at $36.25 for 3/5's of position, will look to add if we see sub $34. Great long term stock.
Note
Added @ 35.76 with a stop around 34.95. Looking for 40 to sell covered call now if we continue upwards.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.