APPS broke down the ascending wedge and although the volume was higher than yesterday it was not enough to reach the Volume 20MA. Might go down to test 22-21.4 area which is the next support where it also has support from the 50EMA. Please comment your thoughts. NFA
Looking at the APPS Digital Turbine options chain, i would buy the $22 strike price puts with 2022-8-12 expiration date for about $1.48 premium. Looking forward to read your opinion about it.
After a monster year of growth for Digital Turbine, analysts believe the expansion doesn't stop here. Over the next three years, analysts predict the company will continue to grow EPS at a ~ 45% CAGR while expanding revenue at an average ~ 28% CAGR. Although short-term liabilities outweigh short-term assets like cash and A/R due to acquisitions, it is predicted...
$APPS went through a 50% correction from the last high and even closed the gap from august 31st. If we see a bounce in the tech market I would think that $APPS might perform very well. This is NOT a longterm hold and investment at the moment, just a swing trade, so strict profit taking is advised! Buy In: Now Stop Loss: we literally pick the bottom here, so the...
Digital Turbine (APPS) Sector: Technology Services (Packaged Software) Current Price: $73.86 Breakout price trigger: $68.60 (hold above) Buy Zone (Top/Bottom Range): $71.50-$64.75 Price Target: $81.00-$82.00 (1st), $89.50-$91.00 (2nd) Estimated Duration to Target: 49-53d (1st), 147-155d (2nd) Contract of Interest: $APPS 11/19/21 80c, $APPS 3/18/22 90c Trade...
Easy ta for $APPS long: ->Close to upper BB´s, so could go back to 61 (61 Fibo), 56 (56 Fibo) -> Used Rule of seven for setting price targets. Good luck :)
RSI at 90, meaning extreme overbought levels. The lower BB has curled up, and intraday volume has been below-average. If we see a pullback; 20ema will line-up around $21.5, to test a short-term support. I am SHORT until we see some consolidation after this parabolic move. $21.5 could be a good place to enter a position.
APPS is breaking out of its parallel channel; with a 10% move; while the technology keeps going down. I have not seen any news that could create this move today. Intraday volume has been above average by 70%. (tool being patented by Schwab) RSI is oversold, but as we saw earlier, APPS doesn't mind reaching 90 level. Looking for a strong close today to...