APPS trade ideas
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. :)