Hola,
Looked into NASDAQ: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.
Looked into NASDAQ: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.
Trade active:
They released their earnings today: glumobile.gcs-web.co...e7-a033-72aa38283191
I'd say things are looking good for GLUU in 2020
I'd say things are looking good for GLUU in 2020
Trade active:
Take a look at what GLUU CEO said about the decision to increase Q2 Bookings! Buy Buy Buy
Nick Earl, Chief Executive Officer, said, "Since our recent first quarter report and earnings conference call, we've seen significant momentum in the business and broad-based growth across our live game portfolio driven by successful live operations execution and continued positive industry trends. Our three Growth Games, along with Diner DASH Adventures, Kim Kardashian: Hollywood and Disney Sorcerer's Arena, are performing above our expectations, with several setting new records for daily bookings along the way. These positive trends are driving increased scale and better than anticipated flow through to the bottom line. This gives us confidence in raising our expected financial outlook for the current quarter and full year."
Read more at:
thefly.com/land...ingPageNews.php?id=3101602...
Nick Earl, Chief Executive Officer, said, "Since our recent first quarter report and earnings conference call, we've seen significant momentum in the business and broad-based growth across our live game portfolio driven by successful live operations execution and continued positive industry trends. Our three Growth Games, along with Diner DASH Adventures, Kim Kardashian: Hollywood and Disney Sorcerer's Arena, are performing above our expectations, with several setting new records for daily bookings along the way. These positive trends are driving increased scale and better than anticipated flow through to the bottom line. This gives us confidence in raising our expected financial outlook for the current quarter and full year."
Read more at:
thefly.com/land...ingPageNews.php?id=3101602...