Inside range break with now more tension than two weeks ago, good location, good context.
The company is aggressively buying back stock: ~$1B repurchased in a single quarter recently.
Entry: $506.4
Stop: $430*
Target: $900
Target is 6X risk. That means the trade is mathematically break-even if target is only reached 16.67% of the time. I believe the odds are significantly better than that.
📌 Final Note
These updates reflect structured trade management and probability-based analysis, not financial advice.
Risk management and position sizing remain the foundation for long-term survival.
*If your stop gets hit, the loss should only equal 1% of your account. Calculate your position size accordingly.
Applovin #APP #Stocks #Trading
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