DIGITAL TURBINE INC - NASDAQ: $APPS ConsolidatingSince recapturing its 200 DMA back in November'18, DIGITAL TURBINE INC - NASDAQ:APPS has been steadily moving into higher ground in impressive fashion and now finds itself consolidating its recent thrust in and orderly manner as we can observe from the Daily chart above.
In addition, the stock continues to trade above all of its important moving averages 20/50/200 DMA's, which portrays a very favorable and healthy technical picture.
Furthermore, when one extends the chart out to both the Weekly and Monthly time-frames, we can see that APPS displays excellent technical characteristics across multiple durations.
Thus, both investors/traders may want to continue to monitor the action closely moving forward and particularly, should APPS clear the $5 level at any time in the days/weeks ahead, such development would likely trigger/ignite its next meaningful advance with an initial $6.50 - $7 objective, while we envision a longer-term objective ultimately in the Teens.
APPS trade ideas
Tea, Coffee? anyone got the Crumpets?Well I've been watching this pattern for quite some time now wasn't sure if it was going to actually form but it looks to have done so so ill post up some possible targets and the pattern I've been anticipating which would be a cup and handle. Will probably take a little while to complete as the pattern itself took awhile to form but here are the zones.
Buy: 1.45 for intra-day retrace Marked in green
Sells are marked on chart in Yellow
T1: 3.07-3.23
T2: 3.64-3.81
T3: is higher then that lol
Well hope you all make some profit on this enjoy :)
Cup and Handle on APPS with Insider BuysThis may not be a valid cup and handle as it supposed to be preceded by an uptrend.
However, some other nice fundamentals;
- sequential quarterly revenue growth
- sequential quarterly EPS growth
- insider buying - 3 different insiders in September 2018
- great ticker
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This is not financial advice, trade according to your own risk.
APPS TRADE IDEA - OVERSOLD GK PLAYAPPS TRADE IDEA - OVERSOLD GK PLAY
APPS is coming out of RSI oversold territory with the macd trying to
decided on a bullish signal; price action closed above the convergence
of the 7ma and the 200ma, which is offering strong price support. Look
for volume to possibly move price action towards the 20ma at 1.84.
APPS Wave InclineChart shows my forecast for Mon and Tues. Wave losing momentem but things positive media may sway.
Stock info courtesy of nasdaqjournal.com
The stock showed weekly performance of 9.16%, which was maintained for the month at -3.71%. Likewise, the performance for the quarter was recorded as 17.91% and for the year was 142.31%. Analysts’ mean recommendation for the stock is 1.60 (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range).
#APPS #stock #long
on the daily APPS looks good. it is on a nice trend line higher. macd and stoch rsi pointing up. OBV is going up. this is a stock to consider buying or playing options. If you do play options i would look at the June 15 2018 Call strike $2.5 at a price around $.40.
weekly
all the indicators are supportive and the OBV is surging. overall price is forming a nice upwards cup that could pop higher.
monthly
MACD and stoch RSI are supportive, but kind of irrelevant on the monthly time frame. The OBV is something spectacular. look at the search in the OBV!