APPS trade ideas
APPS Going to $23 or $30?APPS looking like it has room to rocket up to $30, but I could also see it pulling back to $23 area.
APPS Rising WedgeNASDAQ:APPS After great price jump and new ATH because of last quarter results, it looks like this stock might be looking to go short. A Rising Wedge seems to have formed and with a decrease in volume and price still touching resistance at ATH, we might be heading south for awhile, looking for a break below the support at the $25.98 lvl breaking out of the rising wedge line, keep in mind that there is an ascending triangle formed on last trading day, if it breaks above the resistance, APPS can make new ATH.
Random GuessIf earnings continue at .13 to .15 quarter and EP maintains around 80, we should be in the 40's by EOY.
APPS: Higher price rejection after gap upHigher price rejection after spike up and gap up.
May try to fill the gap.
If confirmed:
PT1 = 20,03
PT2 = 19,29
PT3 = 16,34 (for gap fill)
APPS Aroon Indicator entered an UptrendOver the last three days, I have detected that APPS's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 217 similar cases, 194 of which were successful. Based on this data, the odds of success are 89%.
DIGITAL TURBINE INC (APPS) Weekly Chart. PROs
Trading at 85% below its fair value
Earnings are forecast to grow 211% per year
Returned 17.5% last week and 40% last year
APPS is forecast to become profitable over the next 3 years
APPS's revenue (23.7%) is forecast to grow faster than 20% per year
APPS is a debt-free company
Insiders have bought 90.500 shares (approx $513k) during the last 3 months
Analysts are overall optimistic giving APPS a 'buy' rating
CONs
Highly volatile share price
Shareholders have been diluted during the past year
APPS is currently unprofitable
APPS has a negative return on equity
Report:
Support held at 3.47 on the 16th of March 2020 and APPS has since succeeded in making higher lows on the weekly
time frame. After last week's strong performance APPS broke through its 23.6% fib retracement level (4.81) taken
from the highs of November last year and the lows of March this year. Just up ahead is dual resistance (at 1 ) which
comes in at 5.03.
Bottomcatchers opinion:
This company certainly has the potential to grow substantially over the medium to long term. Shorter time frames
carry more risk, as with most securities at the moment. A convincing break above resistance at 503 (so 510s) is where
I will be entering into a Long position.
Time Frame for this trade is Medium to Long term.
Moving up off of support trendline againEntered again at $7.74. Took the swing trade up over a week ago from prior bounce, stopped out at $8 with profit. Lets see if it can grind its way higher again. This stock is a beast. $APPS
Swing trade back up to $8.50 - $9.00 rangeOversold, pulled back to long-term uptrend and horizontal support, stochastics oversold. Love the fundamentals of this one too. Back up we go! $APPS
APPS retesting Inverted Head and Shoulders PatternAPPS is retesting a Inverted Head and Shoulders pattern it has recently created, could act as support. May be a nice dip buy opportunity to keep riding this bullish trend.
APPS long with a fear of not start the tradeBig pictrue of fundamental analysis and technical analysis. market outside amerika is rising, but american market is twigeling. but it is expected that the sant clouse rally is here
Write sometning about your psyhology thinking before trade? I am too full and because of that in not very good shape
Describe the trade. What you see? price will soon turn and go up to new all time high, this could happend this week
$APPS Trending Up, Big DayClearly an Uptrend, Probably Continues. 3 Parabolic SAR dots, more on the way.
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 Smack Right Out Of The Park Trendfollowing and HomerunsStill Long at 3.35 and still Riding the Big Wave
Another Homerun smack right out of the park for This Process..
$APPS Has More Room To Run$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.
APPS - DIgital Turbine -LongSmall shares d/t chopping market, will add if it goes up. Can use 5EMA for tighter stop.
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.
