Market Mover | Appen shares jump 12.50%, maintaining an ascending trend
Market Mover | Appen shares jump 12.50%, maintaining an ascending trend
Support: A$1.52Appen shares jumped 12.50% on Monday, with trading volume expanding to A$22.14 million within the first three hours of trading. Appen has risen 22% in the past week, with a cumulative gain of 214.29% year-to-date.
Appen股票在週一上漲12.50％，交易量在開盤的前三個小時內擴大到A$2214萬。Appen在過去一週上漲了22％，年初累計增幅爲214.29％。
Appen technical analysis chart:
Appen技術面分析圖表：
Technical Analysis:
技術面分析：
Support: A$1.52
支撐位：A$1.52
Resistance: A$2.2
壓力位：A$2.2
Price range A$1.52 to A$2.2: The trading range indicates a heavy concentration of buy orders, accumulating a significant amount of profit-taking positions, which raises the risk of selling pressure. The stock price is in an upward trend with strong momentum. It repeatedly touched around A$2.20, creating a certain upward resistance. It is necessary to observe whether the stock price can effectively break through the A$2.20 level. In the event of a decline, attention should be paid to whether support near A$1.52 is effective.
A$1.52至A$2.2的價格區間：交易區間顯示買入訂單集中，積累了大量獲利位置，增加了賣壓風險。股價呈上升趨勢並具有強勁的動能。它多次接近A$2.20左右，形成了一定的上行壓力。需要觀察股價是否能夠有效突破A$2.20的水平。在出現下跌時，應注意A$1.52附近的支撐位是否有效。
Market News :
市場資訊：
Appen’s H1 results reflect a stabilisation and return to revenue growth during Q2 FY24. Group operating revenue of $113.4 million decreased 18.4%, primarily due to termination of Google contract. Excluding the impact of Google, revenue decreased a modest 1.5%. New Markets revenue of $49.8 million up 28.3%, benefiting from strong growth in China and Global Product. Underlying net loss after tax4 of ($11.8) million, a $22.4 million improvement compared to pcp.
Appen上半年業績反映出在2024財年第二季度實現了收入增長的穩定。集團營業收入爲11,340萬美元，下降18.4％，主要是由於終止Google合同。不包括Google的影響，營業收入略有下降，僅下降1.5％。新市場收入爲4,980萬美元，增長28.3％，受益於中國和全球產品的強勁增長。扣除稅後的核心淨虧損爲（1180萬）美元，與去年同期相比改善了2,240萬美元。
FY24 will mark the first full year of realizing the benefits from the $60 million cost reduction initiative undertaken in FY23. The company maintains a strong emphasis on achieving a positive cash EBITDA, with the goal of becoming cash EBITDA positive on a run-rate basis in the early part of the second half of FY24.
FY24將標誌着創下自FY23年啓動的6000萬美元成本削減計劃實現收益的第一個完整年度。公司強調實現正現金EBITDA，並旨在在FY24上半年的初期達到正現金EBITDA的運行率。
Overall Analysis:
總體分析：
Fundamentally, focus on the company's performance and operational status. Technically, pay attention to whether the support levels hold and if the resistance levels can be effectively breached.
基本上，關注公司的業績和運營狀況。從技術上講，要注意支撐位能否持穩，以及阻力位是否能被有效突破。
In this scenario, investors should adopt a cautious strategy, setting stop-loss points to manage risk and maintaining ongoing vigilance regarding company developments and market conditions.
在這種情況下，投資者應採取謹慎的策略，設置止損點來管理風險，並對公司發展和市場情況保持持續警惕。
Source: Appen
來源：Appen
