DIGITAL TURBINE INC - NASDAQ: $APPS Consolidating
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 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.
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.
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We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
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To receive our alerts via email and SMS, join Insider Financial for Free at insiderfinancial.com/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.