GLUU - Long Term BUY BUY BUYHola,
Looked into GLUU some more today.
Here’s their 1W chart. I like using the Trend-Based Fib Extension, moving averages, and the T3-CCI indicators. I also switch the candles to ‘Heikin Ashi’ mode which is why there’s a lot of green and red consecutively. It’s another trend-based indicator.
A couple observations:
1) Red arrow shows the 200-day MA is going up.
2) Pink arrow shows the 20-day EMA. Diff between MA and EMA is that EMA gives more weightage to current/recent data which, along with the reduction in days, makes it more volatile.
3) Green circle shows the last time the T3-CCI showed signs of an upward trend and cleanly broke through the neutral line. That’s why even after it faced resistance twice it rallied two more times.
4) Blue circle shows that we’re currently in the second rally (BUY BUY BUY)
Summary
I'm a fan of GLUU the company. Nick Earl has done a great job of scaling down his team to ensure a steady and healthy future.
Let’s play the Fib levels and adjust where necessary.
GLUU
GLU MOBILE INC (GLUU) WeeklyDates in the future with the highest probability for price direction reversals
Fill the gap? I think so$GLUU not a strong name, so no reason why it shouldn't fill gap, look for 6.50
$GLUU Delivers 40% Gains So Far, More To ComeSubscribers that followed our recommendation to buy $GLUU at $5.75 a share are now sitting on 40% gains in just 2 months. With yesterday's major breakout on a strong earnings report, further gains are likely. Here are the highlights:
Glu Mobile (NASDAQ:GLUU): Q4 GAAP EPS of $0.07 beats by $0.06.
Revenue of $112.9M (+18.1% Y/Y) beats by $9.26M.
Glu Mobile (NASDAQ:GLUU) topped bookings expectations in its Q4 earnings, and reached record GAAP profitability.
Results were driven by another record bookings quarter for Design Home and Covet Fashion, along with the best Q4 for Tap Sports Baseball, CEO Nick Earl says.
Bookings rose by double digits to $108.4M.
For Q1, excluding new titles, it's guiding to bookings of $93M-95M (may not compare to consensus for $98.5M); for the full year, it sees bookings of $432M-433M (may not compare to consensus for $459.3M), and liquidity of at least $150M.
As always, trade with caution and use protective stops.
Good luck to all!
GLUU Price Target Going into Earnings Feb 5thPT $6.79 with $7.30+ on good financials, conference call / new game releases, news etc on Feb 5th, 2020.
Good news will send us to $7.30+
Stop Loss at $5.76
$GLUU Breaking Out Of Its Wedge$GLUU is breaking out of its wedge and we see this as bullish. After disappointing Q3 earnings, the stock has held up well and we believe higher prices are in order.
Here are the highlights of the November 6 report:
Glu Mobile (NASDAQ:GLUU) has tumbled 14% after hours following Q3 results where revenues and losses came in worse than expected.
Bookings hit a Q3 record $10.4M, above guidance for $110M-$112M. The company pointed to double-digit gains for each of its three Growth Games.
Revenues grew 7.9% to $107.1M; gross margin rose to 64.7% from 61.2%.
Net loss swelled to $5.1M from $0.3M, however.
For Q4, it's guiding to bookings of $101.5M-$103.5M; for 2019, it's guiding to bookings of $416.4M-$418.4M.
Looking ahead to 2020, it's expecting high-single-digit percentage gains for its three growth games; a full year of contribution from Diner DASH Adventures; and for those two factors to more than offset declines in library titles. Overall, it sees low single digits of growth excluding new titles.
For 2020 EBITDA, it expects it to be in line with 2019 guidance levels.
As always, use protective stops and trade with caution.
Good luck to all!
Gluu about to break out?!Highlighted are the macd and rsi
macd Blue line about to cross the middle
macd histogram near and possibly crossing middle (our leading)
rsi also looks to be moving toward and crossing the middle
anyways not trading advice. just imo.
ZNGA can reach $8Zynga currently offers a very bullish set-up
Multi-year break out
followed by weeks of consolidation
Gluu Accumulation Quite interesting. Right now it is accumulating and can go up or down
The stock is in an uptrend and above the cloud, so it is a bullish sign.
Strong resistance @09.70 and support @09.22
if it goes up, take profit @ 10.70
Stop loss @ 8.70
All comments are very welcome
Can GLUU Continue Their Run?GLUU had a tremendous January, after a slight pullback, The Megalodon is giving us the green light to buy again!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! Send me a message if you would like to try it for yourself!
Glu Mobile, Short-Term Bull, Pennant Pattern, Under $10.00I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I see a possible Pennant pattern forming for Glu Mobile. I will consider a bullish buy (Stock or Call Option) if GLUU breaks above $3.85ish and maintains a price above $3.90ish. Possible optimistic exit prices would $4.37ish (from back in November 22-24, 2017) or all the way up to the blue line of resistance of $4.69/$4.70 area (from October and December 2017). Higher volume would also need to be an indicator of a good buy for a Pennant. If this does break out bullish I expect it to happen within 1-3 trading days. I do not currently have any positions in Glu Mobile.
Will this be bullish next week?Any constructive criticism is welcome :-)
I made some comments on the chart and it looks like it will be bullish next week.
I don't think it will be a strong trend up but at least it seems to be an uptrend. :-)
/Pat
GLUU bouncing off bottomGood news and following tons of patterns. Rate of movement could indicate strong bullish trend
DSKX Major Acquisition(NASDAQ: DSKX) – Research Report
Company Name: DS Healthcare Group Inc.
Stock Symbol: DSKX Company Website: www.dslaboratories.com
Trading at $1.53 Per Share (02/16/2016)
Currently DSKX has a very attractive valuation with high analyst ratings, hedge fund interest, strengthened management team and major upcoming catalyst. DSKX is trading at a 33M market cap while they are expected to close on a major acquisition which is expected to increase the company’s annual revenues to approximately $65 million and $10 million in EBITDA with the combined businesses from over 20 countries, 900 unique and diversified products, and a broad range of personal care categories. This acquisition fiercely scales up and expands DS Healthcare’s business operations, product portfolio and distribution network in one deal. With the deal in place, DSKX is trading well below 1x expected annual sales while in the recent years many of its competitors in the industry sold at approximately 5x sales. Nioxin, Chattem, Simple Health & Beauty just to name a few.
Several weeks ago, Frigate Ventures LP filed a SC 13G. In the filing, it appears Frigate Ventures LP owns 1,500,000 shares of DSKX. This shows Frigate Ventures Lp’s confidence and optimism in the future of the company and as a institutional investor with an excellent track record, its safe to assume they do their homework before buying a 7.1% stake in a company.
Read the full research report using this link www.stockpicksnyc.com
GLUU - Dip Buying Action and a Massive Missed PivotTake a look at the huge gap down on this stock, while currently out of favor, Dip Buying Action and a Massive Missed Pivot look like a trade worth getting involved in.