0A6A trade ideas
APPS Bullish Cypher Weekly ChartAPPS (Digital Turbine) Bullish Cypher Weekly Chart TP 1 - $77, TP 2, $83.50 SL 61.5 around 1-2 risk to reward. THis is for educational purposes and not for trading. Thoughts?
What's the next move for APPS? Following a year of unbelievable returns, perhaps we're now seeing the anticipated correction. Yesterdays market-wide selloff expressed as a symmetric triangle breakdown in the APPS daily chart. More losses followed today. Two-fold support from the MA100 and at 68.70 currently. Freshman price target from the triangle is near 33.20, which could sting. Or maybe it will bounce and give us another 1400%.
I'm long on APPS. It was a tough graphIt took me a while to graph what I thought was going on here. The angle changed, and the volume changed after february. But the support level where the same. It is as if someone pushed the turbine button on after Feb. Anyhow, and If we are holding options for the 20th of May, then I think that a good exit is in 20 days because it's the average time of each peak.
As always, like if you agree and/or comment.
NASDAQ:APPS
As always, not financial advice, just sharing.
APPS - This is my buy point76.63 is my target point to buy back. It is near the bottom of the Symmetrical Triangle. This is where a major support line is and it is at near the bottom of the lower trend line.
Hitting major support, will it hold?APPS is hitting a major support line today which could be a nice entry point for a long up to 90ish, however if this trendline doesn't hold.. look out below.
Breaking down from channel.APPS is breaking down from it's price channel and looks to be heading down to a more major support trendline.
Keep an eye on this price channel.APPS keeps getting rejected off the upper bold blue trendline but also trading within a nice little channel. IF the bottom of the channel fails to hold a nice entry point could be the bottom bold blue trendline (78 - 80) which is longer term support.
$APPS cup completing, forming multiple strong basesTook several weeks for this, but APPS closing in on its ATH's. with QQQ and tech so strong, the handle probably would not be a downwards slope but a small extension. Anyways, moving stop loss at the close of yesterday.
$APPS - pull back to $82.3 and I am inI really want this to pull back to the center of the pennant, for me to go long.
Maybe tomorrow is the day. My alert is set.
Receding volume, consolidation , strong base creatingI am Long. This Stock is top CANSLIM Performer. . . . Massive RS . .. incredible fundamentals . only thing going Against it is the week sector.
I am hoping next week either the consolidation continues . . . or a break out takes place
APPS 4/8triangle forming similar to $UBER, would like a deeper E wave to enter but could break out from here if market keeps melting up.
Long $APPS after breakout from consolidation area.Breakout on APPS after consolidating and getting back above 50 MA and 20 EMA for a continuation higher. Looking for a retest of all time highs and invalidation is acceptance below 70 and back into VP value.
- Entry: 87.99, raw stock with half a position, looking to add more on a successful retest of breakout or building value above breakout level.
- Target: 100 - 105 First target is a retest of previous highs, holding some for a runner and possible adding more on accumulation higher.
- Stop: acceptance below 70, possibly getting back into value.
Good setupWaiting on this one to pick a direction. The 85.34 break could lead to a test to the upper trendline. Will be on watch from here.
Bearish deep crab on Digital Turbine inc Target 1: 76.25Bearish deep crab on Digital Turbine inc Target 1: 76.25
$APPS - break bull pennant?Calls bought in high qty 4/16 for $100 strike
coming up under the 50 stochastic
want to see a break of the bull pennant
