make or break level 💯break above this trend will lead to some bullish action, but rejection and the downtrend to death continues :)
lets see what happens, goodluck!
APPS trade ideas
APPS Successful Falling Wedge This is a long term chart for APPS
I am demonstrating on the chart a bullish falling wedge formation, with two bottoms (b)
The break out seen is characterized within that of a falling wedge
One of the Fastest Growing Companies in AdTechAfter a monster year of growth for Digital Turbine, analysts believe the expansion doesn't stop here.
Over the next three years, analysts predict the company will continue to grow EPS at a ~ 45% CAGR while expanding revenue at an average ~ 28% CAGR.
Although short-term liabilities outweigh short-term assets like cash and A/R due to acquisitions, it is predicted that the procurements of Fyber, AdColony, and Appreciate will help accelerate Digital Turbine's more prominent and profitable role in the fast-growing and secularly-thriving $200+ billion mobile ad/connected TV marketplace.
As for the technicals, we're witnessing a similar setup as the '18-'19 bull run that $APPS experienced. Distribution breakdowns into a falling wedge until volume begins to pick back up (breakdowns are primarily due to the macro environment, not the company's fundamentals). I chose the fiscal Q4 2022 ER date as a rough estimate for when $APPS might break the downtrend. By no means has Digital Turbine reversed course fundamentally, and I'd like the next ER to confirm that.
GLTA! (Disclaimer, I am long $APPS with both a long-term position and LEAPS call options).
$APPS Falling Price, but good entry regionDigital Turbine's Moat, Ignite On-Device platform, has been installed on over 800 million devices with over 60 million added every quarter thanks to their partnership with over 35 telecom/OEM partners across the world.
Digital Turbine made excellent use of its cash and borrowing capabilities to grow the firm, either through acquisition or internal development, resulting in spectacular revenue growth of 311% and EBITDA growth of 172% over the last 9 months year on year, all without the need for a secondary offering.
lovely risk reward <3 good chances we bounce off local trend support, stop loss 30.51 and targets are 40.05-46.66-58,74
Double top $APPS with bear flag triggerDouble top $APPS with bear flag trigger
- Double top on the weekly
- Price below neck line and POC
- Bear flag for a good trigger or add position on the down side
APPS predictionPrediction of APPS Stock on the basis of RTM in the next 30 days
Opinions provided here is for educational purposes only, and do not constitute investment advice.
I do not recommend to use of technical analysis as a sole means of trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Digital turbine / APPS ANALYSISDigital Turbine is a company I've been swinging for months.
I believe the Stock is under some pressure and it has a crucial resistance level at 44.80. Today it APPS sits around 43.60 and it is green. If APPS gets to breaks the resistance level of 44.80 the stock is going to hit around another resistance level at 47.70 and if it keeps showing strength the stock will break through and hit the mid digit 50's giving you a 10 dollar gain per share again.
But if the stock under performs under pressure the stock and breaks support at 39.50 the stock will go to the redder ends of the market and could hit the prices around 37-35 taking a 10 dollar loss per share.
Digital turbine values it's company at around 96 and it is expanding quickly. Do your own research and let me know if you want me to do any other analysis.
$APPS - IHS?Watching APPS for IHS to play out.
I played earnings on this ticker and I win some and lose some but still really like the stock and the company.
Goal of APPSI guess that the purpose of APPS is 32$. Then we are gonna see the reversal till 200$ course there is the end of wave 3 (in my opinion) . So time is gonna show! :)
APPS H&SHead & Shoulder pattern on APPS, broke through strong support, planning to short further with 35 as first PT if we see a crack below 40.
Short time bullish option strategyFor small accounts:
Sell 40 $ 18 FEB 22 PUT
Around 160 $ Premium
(IV is around 80)
->Trendline support
->RSI/MACD oversold
->TECH sektor in generell oversold
Exit: Delta 30 (loss), 70 % Gain
This strategy relies on a technical bounce and is selling high vola.
Apps plays to watch$apps #apps currently seeing resistance at highest VPVR range on H4. Bounced off of bottom BB and also the neckline of W breakout that already completed. Could play the bounce here to retest resistance or wait for a breakdown to short back to bottom of range at green line.
$APPS - off the double bottomOnce we hold over $64, we are on support, could take a while to get past that level but once over resistance, we are heading back to $90/share
$APPS - Calls > 56.25 | Puts < 52$APPS - Calls > 56.25 | Puts < 52
- Weekly inside bar
- Weekly rejecting supply zone
- Bearish pennant formed in daily
- Levels posted in chart
$APPS - Digital Turbine Inc. LONG setup$APPS went through a 50% correction from the last high and even closed the gap from august 31st.
If we see a bounce in the tech market I would think that $APPS might perform very well.
This is NOT a longterm hold and investment at the moment, just a swing trade, so strict profit taking is advised!
Buy In: Now
Stop Loss: we literally pick the bottom here, so the stop has to be the low of the last candle at around 46$
Take profits like you see them in the chart
Ready for rebound : DIgital TurbineSomeone wrote a blog about this company some time back , I can't seem to find it but the essence is it has great economic moat, solid fundamentals which the share price does not tally at this moment. Once I find it, I will update here.
Chart wise, it looks possible for a rebound this week.
$APPS - will it hold? I played the IHS climb to earnings. Looks like there is potentially an H&S that may be complete? Maybe we will get that "W" pattern reversal?
One to watch. BE CAREFUL until we know which way its going.
APPSAPPS looks like a slam dunk to me.
We should see a bounce back soon at the yellow support level shown
I have high lighted last years Q4 run, very impressive !
Double up in 3 months !
Will it do the same ?
Its possible, but I would think its closer to 70% this time around but I would not be shocked to see it break ATH if it moves fast.
The market will be harder to climb after January in my opinion, but there is still a good opportunity here.
Nothing but green earnings and steady gains for two years.
Buy this dip !
Thanks Kaz
🔋my updated APPS analysis🔋apps is approaching a very big support area! has been straight blood for weeks as well. Look for a big bounce around this area.
I cannot see apps going much lower, look at that RSI! bottom is near in my opinion.
like and follow for more, thanks! 💘
APPS shortBroke under a line of support after a big bearish candle following earnings while breaking under 200 SMA
