Hold the Surge! Let Me Board Before You Soar!
Too focused on $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ , I even completely didn't notice this rapidly growing tech company! ![]()
Explosive Growth of 359% last year, $Applovin (APP.US)$ ! 🔥I serendipitously discovered it in the latest Opportunity Mining course. ![]()
As one of the largest ad networks in the world, $Applovin (APP.US)$ is not only an advertising platform but also a preeminent game developer. Last year, it surged by 359%, and the company forecast there will be over 33% YoY revenue growth for Q1 2024.📈
Apart from the positive news aspect, it also appears to be a highly favored stock with significant growth potential in technical. ![]()
Currently, its stock price is in a clear ascending channel. The Boll widens, and there is strong support from an unfilled gap below.
Technical analysis indicates that 12 indicators are showing bearish signals. Waiting for a price retracement seems to be a good entry point. ![]()
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Among them, the most widely used MACD and KDJ all show bearish. MACD forms small dead crosses above the 0 axis. KDJ is above 80 line. ![]()
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