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...
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Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
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...