Digital Turbine Inc. Will break down 1.000 $ .
Targets on chart .
Any break down to the support level 1.41 $ out .
0A6A trade ideas
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 ❤️🔥
Breakout and confirmation - Go LongBreakout of trendline since May 2022, very positive.
Make your own analysis
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 Chart PredictionWith Good Earnings, This should come up and retest the HUGE fair Value GAP @ 80+.
This is my prediction and Im long from $4.61 with 2k Shares.
Stop loss would be 3.00.
Follow me for more stock charts :)
APPSDigital Turbine, Inc. is a provider of independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).
Reaction old level.
tp1 5.8
tp2 6.9
$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
APPS looking for a good entryDigital Turbine Inc is a mobile software company that offers a platform for mobile operators, device OEMs, and third-party publishers to monetize their content and acquire new users.
APPS is on about the SingleTapA June 29th article on The Verge disclosing Meta’s plan to allow direct app download from Facebook Ads sent APPS shares surging, as some investors believe SingleTap could be the key enabling technology in Meta’s effort. the stock move reflects
1) a growing recognition of SingleTap as a viable technology among investors and big tech players,
2) secular regulatory tailwinds of which APPS is a beneficiary,
3) a diminished hurdle to drive a stock rally after the valuation reset, and
4) significant squeeze risk for short-sellers overlooking SingleTap’s secular tailwinds.
Who is APPS' competitors?As of December 2022, Digital Turbine (NASDAQ:APPS) is a complete Mobile AdTech platform that provides publishers with unique access to the home screen of over 800 million devices and also facilitates end-to-end in-app advertising transactions
APPS cluster support/last line of support 🥵👀break below cluster support/10 dollar round number support is horrible news for longs.. dump to 5-6 can happen if this comes..
but bounce here and quick push to local TL resistance/18 is possible 🎯
watching for another explosive ER breakout 🥶boost and follow for more :) above 19.32 I expect a push to 24.22-31, this is my only chart on TV today! I hope you all have a good weekend, see you next week <3
APP - Breaking out from shorterm trendLong Term still downtrend.
Can monitor and plan for quick profit
Triggers slow turtle buy with Strong MCDX Banker (Buying Volume) and Weakening Reatiler (Selling Volume)
FiFT remain a strong bull.
Short term uptrend and Bullish.
Next target 20.20, 24.80
after earningsstock rallied high volume according earnings report awaiting go further, may have some pullbacks
APPS Pattern breakdown - Potential support levels 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
NVDA WarningNVDA nearing border of pattern. Potential break towards the downside. 24.5 acting as strong resistance on daily chart.
my favorite stock broke the 10 month downtrend! 💯nice to finally see some bullish action here! some local resistance at 26.72, once we cross that its blue skys to 33.33-48.06-74.24
APPS Digital Turbine Options Ahead Of EarningsLooking 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.
