Digital Turbine ($APPS) got smashed down right on the 200 day moving average, after earnings. We have kind of a triple support here, the 100EMA daily, the 200SMA daily and the 50retrace from the last run. If this level holds for a support, we might see a sharp rallye of this levels, $APPS is a very strong performer, when bids are coming in If $APPS cant hold this...
Buy In: 1.20ish Stop: 98cent (one could stop out closer too though) Tp1: 2.36$ TP2: 3.75$
Buy In: 33-36$ Stop: 30.9$ Tp1: 50$ Tp2: 62$ Tp3: 82$
The S&P 500 jumped back into it's longterm price channel, that is a very bullish development, and opens up the old buyzone. Wait for a backtest of the channel as support, for a very decent Long entry. Pricetarget could be the upper end of the channel, in the beginning of 2022 we would top out there at around 5.000 points.
Peloton now lost all it's gains since End of June 2020. I'll watch very closely, how $PTON will behave in the $50's, and if the market wants to test that Fib Retrace around $50. One could size up risk/reward pretty decently in those areas. $PTON is a stock to watch for Long oportunities.