PD: Still as bullish as ever. Best entry into the name since Nov

Panjang

PagerDuty, Inc. (NYSE:PD)

NYSE:PD PagerDuty, Inc.

trendanalysis fundamental softwarestock reversalpattern oversold growth-stocks

PD is still one of my favorite picks in 2021. The recent sell-off in high multiple names has wrongfully been aimed at PD. PD has a modest multiple when compared to other software names/peers. The stock dipped into the oversold region of RSI and is now just barely above it. Also very bullish that it held the 200SMA. Please look at my earlier PD notes to see my full thesis on the name.

Penafian

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