AppFolio, Inc. provides industry-specific cloud-based software solutions for small and medium-sized businesses in property management and legal industries. It offers AppFolio Property Manager, a solution for the operational requirements of small and medium-sized property managers, including posting and tracking tenant vacancies, handling the leasing process electronically, administering maintenance and repairs with their vendor networks, and managing accounting and reporting to property owners, as well as for communicating with tenants and owners. The company also provides MyCase, a practice and case management solution that provides time tracking, billing, calendaring, client communication, and coordination with other lawyers and support staff, and legal document management and assembly for practitioners and small law firms. In addition, it offers Value+ services, such as its Website design and electronic payment services for property manager and law firm customers, as well as resident screening, background and credit checks, tenant liability insurance, maintenance contact center services, lead generation services, and debt collection services for property manager customers. As of December 31, 2016, it served 10,038 property manager customers; and 8,135 law firm customers. AppFolio, Inc. was founded in 2006 and is headquartered in Goleta, California.
Dropped 12% today to the lower BB, was down much more but rebounded to this support level (also the 200MA). Bulls bought it back up to support, thinking this has room to run back up to $50+. Depending on where it's at when I wake up tomorrow, might take a shot at this one.
Took my shot on this one. Been holding support for 3 days now, hoping it is consolidating before pushing back up. In at $40.50 yesterday.
Flirting with this support line and the 200MA. Looking to see which way this moves before I re-evaluate my stance on this position. Down 0.62% on my position so far, no harm no foul. Today's news was an upgrade from Zack's, and a price target of $42.50 from another brokerage.
Up a little over 1% on the position so far. Dipped below my stop a little at one point, but I was watching closely and it got bought back up real quick both times. Not as confident in this one any more, however still gonna keep riding it until it loses the 200MA. It's tried to break through the resistance at the 50MA a couple times but failed both times. Targeting $45 right now for an 11.6% gain on the position, but may end up closing this one early if the chart becomes less appealing.
Don't wanna jinx ya or anything, but today's candle turning out to be nicely formed. I'm sure you'll be watching this closely next week, but so far so good. Nice pick!
I don't believe in jinxes, so don't worry about it Was hoping that it would close above the 50MA, but I guess slower grinds are definitely more sustainable...Hopefully it gets above it and closes above it early next week. After that, I don't see much resistance until about $45
Sold today at $40.50 for no gain, no loss (other than commissions). I was not liking the chart setup anymore.
