Digital Turbine has completed a multi-year downtrend and recently broken out of its descending channel with conviction, supported by historically high volume (🔶 orange arrow). The breakout above the $3.45–$4.65 range confirms the start of a new bullish cycle.
🔑 Key Technical Highlights:
🔻 Red arrows mark major rejection zones
🟦 Breakout above prior downtrend line and heavy resistance
🟧 Massive volume surge on breakout → institutional accumulation likely.
🟢 Green volume bars show sustained demand post-breakout.
🔵 Blue arrow highlights the key retest of broken resistance, now acting as support
🎯 Bullish Path Forward:
If earnings support the technical structure, price is poised to:
Reclaim $6.12 → target $9.05 (mid-resistance)
Break $9.05 → open the path toward $21 and $32
StopLoss is set at $3.40 . Anything under this level invalidates scenario
🔑 Key Technical Highlights:
🔻 Red arrows mark major rejection zones
🟦 Breakout above prior downtrend line and heavy resistance
🟧 Massive volume surge on breakout → institutional accumulation likely.
🟢 Green volume bars show sustained demand post-breakout.
🔵 Blue arrow highlights the key retest of broken resistance, now acting as support
🎯 Bullish Path Forward:
If earnings support the technical structure, price is poised to:
Reclaim $6.12 → target $9.05 (mid-resistance)
Break $9.05 → open the path toward $21 and $32
StopLoss is set at $3.40 . Anything under this level invalidates scenario
Trade attivo
Super long!Nota
Keep it going! Next resistance at $9.00
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.