“APP is starting to defend itself, and I’m looking at it for a potential bounce.”

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This week has been pretty bearish.

But that hasn’t stopped me from making steady, consistent winners in the Daily Profits Live Open House.

I’ve closed 11 winners in total – including a 200% gain on the NTFLX in less than 1 trading day.

If you’ve taken any of these FREE alerts and rang the register yourself this week, congratulate yourself.

Nothing grows a trader’s confidence more than taking winners during a downtrend.

But after Nvidia reported earnings yesterday, I’m looking to see if the bulls are ready to step in at the end of the week.

And what you’re about to read may challenging… because we have no idea how this stock will finish today, but I believe it could be in for a big move.

That stock is Applovin (APP).

APP has been falling this week.

Fuzzy Panda and Culper Research published negative reports on the ad marketing platform and its stock plunged more than 20% after these two research firms shorted it.

As you’ll see in the chart above, its stock has been dropping.

But if the markets star to turn, I’m thinking we might get a gap close.

APP is also a recent earnings winner.

Back in mid-February, its shares hit a record-high of 525.15 after posting a beat-and-raise report. Analysts also raised their price target to $550 to $490.

Action Plan: Could the recent multiple shorts on APP all just be fear?

The company is defending itself now, and I recently got positioned on a lotto trade during the Daily Profits Live Open House.

I’ll be explaining exactly how lottos work today in the live chat.

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