Stock Of The Day : Is A Reversal In Applovin Coming?
Shares of AppLovin Corporation APP are down big Friday. But they are close to a price level that may provide support and are oversold. This means they may be about to reverse and move higher.We have made it our Stock of the Day because stocks at support that become oversold tend to rally.The lower part of the chart is the Stochastics Indicator. It is a popular way to measure momentum.If the blue line gets below the low horizontal red line, it indicates oversold conditions. As you can see, that's the case no ...