$APPS is up 56% since our original article. Trade is working out like we said it would. 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...
Since 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...
Interesting data given the slowdown.
I thought this was interesting data, so I thought I'd share for future reference. Particularly seeing as there seems to be a slowdown in the growth rate of active apps.
Apps (including gambling ones like poker) are made by znga-- typically margins on companies like this are phenomenal Passed some of my screeners a little while ago and I’ve been slowly accumulating I added a significantly larger % today. Feel free to join me riding this one up with a ~3:1 reward: risk :) GL HF xoxo snoop
Looking for APPS to break its 1.64 resistance. 50MA nicely acting as support (currently at 1.47). RSI in bullish territory.