APPS trade ideas
$NASDAQ:APPS Breaking Out on Massive Volume 73%++ upsideNASDAQ:APPS is breaking out, having closed above the double bottom pattern resistance (at $4.64).
Entry: Any point now. If you want to get it at a more affordable price point, this may retest $4.64.
Price Targets:
$8.06 to complete the Double Bottom pattern 73% upside
$9.91 to complete the Falling Wedge pattern 113% upside
Trade Setup Breakdown for APPS (30-Min Chart)!📊
🔹 Stock: APPS (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout
🚀 Trade Plan:
✅ Entry Zone: $5.45 - $5.50 (Breakout Confirmation)
✅ Stop-Loss (SL): $5.00 (Below Key Support)
🎯 Take Profit Targets:
📌 TP1: $5.93 (First Resistance)
📌 TP2: $6.51 (Extended Target)
📊 Risk-Reward Ratio Calculation:
📉 Risk (Stop-Loss Distance):
$5.45 - $5.00 = $0.45
📈 Reward to TP1:
$5.93 - $5.45 = $0.48
💰 Risk-Reward Ratio to TP1: 1:1.06
📈 Reward to TP2:
$6.51 - $5.45 = $1.06
💰 Risk-Reward Ratio to TP2: 1:2.35
🔍 Technical Analysis & Strategy:
📌 Breakout Confirmation: Price breaking out of the symmetrical triangle with momentum.
📌 Pattern Formation: Triangle Breakout, signaling potential bullish move.
📊 Key Support & Resistance Levels:
🟢 $5.00 (Support / SL Level)
🟢 $5.45 - $5.50 (Breakout Zone)
🟢 $5.93 (First Profit Target / Resistance)
🟢 $6.51 (Final Target for Momentum Extension)
🚀 Momentum Shift Expected:
If the price sustains above $5.50, we could see a rally towards $5.93 and beyond.
🔥 Trade Execution & Risk Management:
📊 Volume Confirmation: Ensure strong buying volume above $5.50 before entering.
📈 Trailing Stop Strategy: If the price reaches TP1 ($5.93), move SL to $5.50 to protect profits.
💰 Partial Profit Booking Strategy:
✔ Take 50% at $5.93, let the rest run to $6.51.
✔ Adjust Stop-Loss to Break Even ($5.50) after TP1 is hit.
⚠️ Fake Breakout Risk:
If price fails to hold above $5.45, be cautious and avoid entering early.
🚀 Final Thoughts:
✔ Bullish Setup – If price sustains above $5.50, a strong move is expected.
✔ Momentum Shift Possible – Watch for volume increase to confirm the trend.
✔ Favorable Risk-Reward Ratio – 1:1.06 to TP1, 1:2.35 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockMarket #APPS #TradingSetup #TechnicalAnalysis #BreakoutTrade #DayTrading #MarketTrends #ProfittoPath
APPS Breakout Trade Setup (30-Min Chart) !📈🔥
📍 #Entry: $2.46 ✅ (Breakout Confirmation)
🔴 #StopLoss (SL): $2.29 ❌ (Support Level Protection)
🎯 #Target1: $2.61 🎯 (First Resistance Level)
🏆 #Target2: $2.82 🚀 (Major Resistance Level – Moon Shot! 🌙)
🔹 #RiskReward: Favorable Setup! 📊
🔹 #Momentum: Strong bullish move 📈
🔹 #BreakoutTrading | #StockMarket | #ProfitToPath
💡 Plan your trade & trade your plan! 🏆💰 Let me know if you need refinements! 🚀
APPS Another bottom feeder but it didn't use to beThis was a monster not to long ago. I read they lost their deal with US cellular I believe and that was the nail in the coffin. There is no way I believe this stock stays down here. If you look at my indicator it has the sauce. Everything is right there for it to take.
If you want to understand the indicator look at the QS Idea.
by iCantw84it
01.02.25
Bullish - "Island Bottem"This stock has been beat down this year due to declining revenue. Who cares about fundamental though?? As you can see from the chart, it has formed a very nice island bottom on the Daily, at what looks to be the end of a downtrend. I entered a long position @ $1.75 with a stop at $1.65.
Top level resistance of the island is @ $1.97. RSI is getting stronger @62, if it can break resistance and support holds at @ $2, I expect this stock to shoot up fast. 1st TP zone is $3.70, 2nd TP zone is $4.20. Easy double up 💰💰
Technical Analysis of Digital Turbine (APPS)Looking at the stock's (APPS) historical performance, we can see a long lateral phase that lasted about 10 years. It broke out of this sideways trend with a strong bullish rally, reaching a peak of around $100. After that, the uptrend ended, and a downward phase began, following the formation of a Double Top technical pattern.
The downtrend appears to have stopped near a support zone.
When zooming in with a lower timeframe, we notice that the downtrend halted around this area. The stock broke a descending trendline and formed a bullish Head and Shoulders pattern. The neckline was broken with strength, accompanied by a substantial increase in volume, coinciding with the release of earnings and revenue reports.
After the strong rally, the stock retraced and is now sitting at the Point of Control (POC) of a key volume area, which considers the entire history of the stock.
Bullish Scenario
The stock seems to be in a rebound phase after touching the POC. A continued upward movement could target the $7 area, which aligns with another significant volume area.
Bearish Scenario
If the POC area fails to hold, one could consider entering at the $1 level, which corresponds to a support area.
Note of Caution: The stock has experienced a massive loss over three years, dropping from $100 to around $1.50. Therefore, it’s crucial to proceed with caution when evaluating this stock.
APPS - Signs of a big reversal?Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Solutions and App Growth Platform.
Shares float: 86.431M
Surprisingly good ER from August 7, 2024
We've recently witnessed a significant overextended breakout, and there's potential for a pullback to the 2.60 zone, which could present an ideal entry point.
Breakout Zone: $3.70
Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend.
Overall Market Sentiment:
Currently, the market seems to be in a correction phase. It’s crucial to consider this sentiment when making trading decisions.
Resistance Points:
$3.70
$4.50
$5.10
$6.00
$7.40
$9.20
Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains.
Trading Strategy:
Take Profit (TP): Set a target at $10.00
Stop Loss (SL): Set at under $2.40 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
APPS completing a cup and handle formation APPS is about to complete a cup and handle formation. Confirmation at the break of $2.49. TP at $3.54. 🚀
Bullish signals supporting short term positive momentum of APPS:
- Price broke the descending parallel channel
- Price is above EMA 20 and EMA 50
- EMA 20 crossed EMA 50 upwards
- RSI is very bullish but not in overbought territory
- Higher highs and higher lows since 20th June 2024
5/28/24 - $apps - find another parking spot, don't like this one5/28/24 - vrockstar - NASDAQ:APPS - don't think much changes from my prior (non-public) comment heading into the last print in Feb. the capital stack is basically the main problem here. massive short interest at 8 DTC keeps this think probably moving pretty dramatically one way or another. but given the size of the company and the impending AI disruption generally, this would seem to probably be a lower hanging fruit sooner than later for competition. while you could claim they'll adapt... this is much easier said than done to retrofit your org to becoming AI-centric. i'd probably just stay away from this period unless you have a much more nuanced POV. gl to the holders, but you may want to find another parking spot for your capital.
on watch for a big rally 🤔🔭APPS is breaking this extreme downtrend resistance that has held for over a year! we have seen a few fake out breakouts recently so I would like to see weekly outlook before I take any shares or options here.
potential for a 600%+ rally from here... boost and follow for more! thanks ❤️🔥
The Aroon Indicator Works Very Well for $APPSI traded APPS during the last run up until about $65, sold some huge profits there and didn't look back at it until about a week ago.
Back then, I traded APPS using the AI Scanner's (some dude on stocktwits) aroon indicator and found it worked well on APPS. Looks like the aroon indicator is still working well today. +200% on my calls today.
$APPS ~ Digital Turbine...Digital Turbine, Inc. engages in the innovation of media and mobile communications which help to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the following segments: On Device Media (ODM), In App Media-AdColony (IAM-A), and In App Media-Fyber (IAM-F). The ODM segment is the legacy single reporting of Digital Turbine prior to the AdColony and Fyber acquisitions. The IAM-A segment provides a platform that allows mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising. The IAM-F segment consists of products and services to enable agencies, brands, and app developers to reach large audiences while achieving key performance indicators ranging from reach to frequency, cost-per-install, and return on ad spend. The company was founded on November 6, 1998 and is headquartered in Austin, TX.
$APPS (Digital Turbine) good investing today$APPS is inside the downward channel, but has a chance for the turning and is able to touch the top line of the current channel.
In my view, if it breaks through SMA 200 line, it starts an arrangement of a new ascending channel for long-term bull's position for this instrument.
$APPS::$11.2->$15::34%::1-2 weeks
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs