We are bullish on Digital Turbine, Inc.We are bullish on Digital Turbine,Inc as at October 15, 2019 and will continue to build a long term positions
APPS
$APPS Has More Room To Run$APPS is up 56% since our original article.
Trade is working out like we said it would.
Thus, both investors/traders may want to continue to monitor the action closely moving forward and particularly, should APPS clear the $5 level at any time in the days/weeks ahead, such development would likely trigger/ignite its next meaningful advance with an initial $6.50 - $7 objective, while we envision a longer-term objective ultimately in the Teens.
DIGITAL TURBINE INC - NASDAQ: $APPS ConsolidatingSince recapturing its 200 DMA back in November'18, DIGITAL TURBINE INC - NASDAQ:APPS has been steadily moving into higher ground in impressive fashion and now finds itself consolidating its recent thrust in and orderly manner as we can observe from the Daily chart above.
In addition, the stock continues to trade above all of its important moving averages 20/50/200 DMA's, which portrays a very favorable and healthy technical picture.
Furthermore, when one extends the chart out to both the Weekly and Monthly time-frames, we can see that APPS displays excellent technical characteristics across multiple durations.
Thus, both investors/traders may want to continue to monitor the action closely moving forward and particularly, should APPS clear the $5 level at any time in the days/weeks ahead, such development would likely trigger/ignite its next meaningful advance with an initial $6.50 - $7 objective, while we envision a longer-term objective ultimately in the Teens.
FUNDAMENTAL DATA | Apple vs Count of Active Apps by Month (Log)I thought this was interesting data, so I thought I'd share for future reference. Particularly seeing as there seems to be a slowdown in the growth rate of active apps.
$ZNGA longApps (including gambling ones like poker) are made by znga-- typically margins on companies like this are phenomenal
Passed some of my screeners a little while ago and I’ve been slowly accumulating
I added a significantly larger % today.
Feel free to join me riding this one up with a ~3:1 reward: risk :)
GL HF
xoxo
snoop
APPS breaking out? Looking for APPS to break its 1.64 resistance. 50MA nicely acting as support (currently at 1.47). RSI in bullish territory.
