Fundamentals:
The Google-Gitlab partnership improved the fundamentals of this company. Earnings and sales are growing. It is not what I classify as a super stock yet. Cashflow is still negative, as it is still early. It IPOed two years ago. A growing amount of funds are accumulating this stock. However, sales are not accelerating yet and there are some data lacking.
Technicals:
Price is currently at the bottom of a weekly consolidation pattern, hitting the weekly kijun.
H&S pattern forming with good volume.
Weekly kijun rejection+50% fib support
Trade Plan:
H&S pattern - entered in the cloud at the kijun rejection. Price is, also, in the weekly cloud, signifying consolidation.
Waiting for the cloud breakout above to add 0.05% risk.
Price Target:
68 and 140
The Google-Gitlab partnership improved the fundamentals of this company. Earnings and sales are growing. It is not what I classify as a super stock yet. Cashflow is still negative, as it is still early. It IPOed two years ago. A growing amount of funds are accumulating this stock. However, sales are not accelerating yet and there are some data lacking.
Technicals:
Price is currently at the bottom of a weekly consolidation pattern, hitting the weekly kijun.
H&S pattern forming with good volume.
Weekly kijun rejection+50% fib support
Trade Plan:
H&S pattern - entered in the cloud at the kijun rejection. Price is, also, in the weekly cloud, signifying consolidation.
Waiting for the cloud breakout above to add 0.05% risk.
Price Target:
68 and 140
Nota
Moved stop to breakeven
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.