Bullish | APPApplovin CorporationNASDAQ:APPshksprAPP Weekly Chart | Swing and Position Setup APP is forming a textbook inverse head and shoulders pattern, signaling a major bullish reversal on the weekly timeframe. Structure Highlights: Left Shoulder – Head – Right Shoulder confirmed Neckline breakout with change of character (ChoCH) Price is trending above all key moving averages (EMA 9, EMA 50, VWAP) Bullish volume behavior: expansion on rallies, contraction on pullbacks Key Levels: TP1: 417.89 (neckline resistance) TP2: 510.13 (measured move target) Final projection: 600+ if macro conditions align Invalidation Level: Weekly close below 345 Thesis: As long as the neckline holds, the bullish momentum remains valid. The structure is clean, technical confluence is strong, and volume confirms accumulation. This setup favors swing traders and position holders looking for high reward-to-risk entries.