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Digital Turbine, Inc.Digital Turbine, Inc.Digital Turbine, Inc.

Digital Turbine, Inc.

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APPS trade ideas

Technical Analysis of Digital Turbine (APPS)Looking at the stock's (APPS) historical performance, we can see a long lateral phase that lasted about 10 years. It broke out of this sideways trend with a strong bullish rally, reaching a peak of around $100. After that, the uptrend ended, and a downward phase began, following the formation of a Double Top technical pattern. The downtrend appears to have stopped near a support zone. When zooming in with a lower timeframe, we notice that the downtrend halted around this area. The stock broke a descending trendline and formed a bullish Head and Shoulders pattern. The neckline was broken with strength, accompanied by a substantial increase in volume, coinciding with the release of earnings and revenue reports. After the strong rally, the stock retraced and is now sitting at the Point of Control (POC) of a key volume area, which considers the entire history of the stock. Bullish Scenario The stock seems to be in a rebound phase after touching the POC. A continued upward movement could target the $7 area, which aligns with another significant volume area. Bearish Scenario If the POC area fails to hold, one could consider entering at the $1 level, which corresponds to a support area. Note of Caution: The stock has experienced a massive loss over three years, dropping from $100 to around $1.50. Therefore, it’s crucial to proceed with caution when evaluating this stock.
NASDAQ:APPS
by Giovanni_Bandini
2
APPS - Signs of a big reversal?Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Solutions and App Growth Platform. Shares float: 86.431M Surprisingly good ER from August 7, 2024 We've recently witnessed a significant overextended breakout, and there's potential for a pullback to the 2.60 zone, which could present an ideal entry point. Breakout Zone: $3.70 Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend. Overall Market Sentiment: Currently, the market seems to be in a correction phase. It’s crucial to consider this sentiment when making trading decisions. Resistance Points: $3.70 $4.50 $5.10 $6.00 $7.40 $9.20 Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains. Trading Strategy: Take Profit (TP): Set a target at $10.00 Stop Loss (SL): Set at under $2.40 to mitigate potential losses. Chart Analysis: Please refer to the attached chart for detailed analysis of price trends and movements. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice.
NASDAQ:APPSLong
by meitshels_smell_trades
1
5/28/24 - $apps - find another parking spot, don't like this one5/28/24 - vrockstar - NASDAQ:APPS - don't think much changes from my prior (non-public) comment heading into the last print in Feb. the capital stack is basically the main problem here. massive short interest at 8 DTC keeps this think probably moving pretty dramatically one way or another. but given the size of the company and the impending AI disruption generally, this would seem to probably be a lower hanging fruit sooner than later for competition. while you could claim they'll adapt... this is much easier said than done to retrofit your org to becoming AI-centric. i'd probably just stay away from this period unless you have a much more nuanced POV. gl to the holders, but you may want to find another parking spot for your capital.
NASDAQ:APPSShort
by VROCKSTAR
$APPS ~ Digital Turbine...Digital Turbine, Inc. engages in the innovation of media and mobile communications which help to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the following segments: On Device Media (ODM), In App Media-AdColony (IAM-A), and In App Media-Fyber (IAM-F). The ODM segment is the legacy single reporting of Digital Turbine prior to the AdColony and Fyber acquisitions. The IAM-A segment provides a platform that allows mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising. The IAM-F segment consists of products and services to enable agencies, brands, and app developers to reach large audiences while achieving key performance indicators ranging from reach to frequency, cost-per-install, and return on ad spend. The company was founded on November 6, 1998 and is headquartered in Austin, TX.
NASDAQ:APPS
by EndlessCode
APPS is on about the SingleTapA June 29th article on The Verge disclosing Meta’s plan to allow direct app download from Facebook Ads sent APPS shares surging, as some investors believe SingleTap could be the key enabling technology in Meta’s effort. the stock move reflects 1) a growing recognition of SingleTap as a viable technology among investors and big tech players, 2) secular regulatory tailwinds of which APPS is a beneficiary, 3) a diminished hurdle to drive a stock rally after the valuation reset, and 4) significant squeeze risk for short-sellers overlooking SingleTap’s secular tailwinds.
NASDAQ:APPSLong
by KhanhC.Hoang