APP - High Tight Flag - 2024-11-18

APP formed a high tight flag pattern after its earnings gap. This combination of an earnings gap followed by a high tight flag has recently appeared in several growth stocks, including HOOD, TSLA, AGX and others during this period. 

Leoš Mikulka, a Prague-based trader, took 3rd in the 2024 USAIC with a 409.6% return. He noted a technical theme—not a sector focus—outperformed others during a specific period, emphasizing the edge of technical setups in that timeframe, in his recent TraderLion interview.