Fundamental analysis:
Nowadays we all buy apps in the app store. And making interesting apps that's what CooTek is good at. CTK has shown a growth rate of more than 50% in the past 2 years. Based on this, its share should already be 4x higher. Especially in comparison with Digital Turbine (APPS) whose share price has increased fivefold in the past year.
So fundamentally it looks very good for CTK.
Technical analysis:
1. Trend breakout
2. High Volume
3. Target for 2021: $10 (4 times higher)
Nowadays we all buy apps in the app store. And making interesting apps that's what CooTek is good at. CTK has shown a growth rate of more than 50% in the past 2 years. Based on this, its share should already be 4x higher. Especially in comparison with Digital Turbine (APPS) whose share price has increased fivefold in the past year.
So fundamentally it looks very good for CTK.
Technical analysis:
1. Trend breakout
2. High Volume
3. Target for 2021: $10 (4 times higher)