Short time frame short/day tradeI'm expecting this to pull back to support/VWAP. Target around $50. That may get there on a reversal impulse before the end of the trading session.
As news hype came out yesterday feom Cramer and some news articles, retail typically buy in and smart investors use the new liquidity to exit larger amounts of shares at nice prices. That's often followed by a stand off in lack of buying which results in pull backs.
1APPS trade ideas
congrats to anyone who played this :)a couple questions i got today is where is my target, well lets look at the trend... history is telling us we should test 58-60 next week if this trend continues, thats where im probably selling and looking for a dip entry.. but if it breaks ill hold and target 70-80 in early 2021. this is a beautiful chart :) goodluck to anyone holding this with me. its printing that mulah ! haha
APPS - Digital Turbine - This is what we like to see!Digital Turbine - Headquartered in Austin, Texas.
"Largest On-Device Media Platform".
Digital Turbine simplifies app advertising,
recommendation, delivery and tracking.
Megaphone pattern extending... All Good. APPS is going up, up, up.
(this is not trading advice)
-Cryptmando
Dec 16, 2020
APPS - overextendedRSI 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 on watchI like the way this broke above an area of consolidation at the highs. It tapped the area twice before the breakout giving the breakout a higher probability of holding.
Would prefer and entry on a slight pull back to the .236 area. Can also go long above the box. Dotted lines are targets. Would exit on a firm close below box.
APPS Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, device original equipment manufacturers, and other third parties worldwide. Its software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform.
Corporate Governance
Earnings growth yoy: 275%
Qtly: 33%
VCP 6W 40/12 3T
Stage : 2/27/1%/52% stage 2/ 27weeks/1% from resistance/ 52% from MA
4 Hr MACD Looks Bearish, but Strong Sentiment May HoldStronger than normal short volume on 11/4 & 11/5 (the run up). Those shorts should be in the money right about now. The MACD looks like it's telling me to sell my Nov 20 $40c (shit), but if the strong sentiment holds and the 11/5 shorts flip to longs then $45+.
If whoever-shorted-this-stock-at-the-top reads this, please put my Nov 20 $40c back in the money...$43 would be kind of you. :)