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Chart of the Day: APP Selling Gaming Unit
Manage episode 469785328 series 3645668
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Shares of Applovin (APP) have fallen more than 35% from 52-week highs after facing several short reports. The company announced plans to sell its gaming unit for $900M. Rachel Dashiell looks at the technical picture for APP. On the longer-term chart, Rachel still sees "higher highs" and points to the $300 level as a key area of support. She says "the trend is your friend, until it bends."
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