PRPL came back on $8.80, therefore it offers the chance to calculate the Fibonacci areas.
The levels explain already a lot but I expect a hard and strong level at $18.50 - this could form a potential new area.
The fall was related to the news on last monday:
"expects earnings and revenue at the low end of prior guidance"
But important is this as well:
The company said it now expects fiscal 2021 full-year revenue and adjusted EBITDA at the low end of guidance ranges it provided in November when it released Q3 results. The company said on Nov. 9 it expected annual revenue of $720 million to $740 million and adjusted EBITDA of $15 million to $25 million.
Overall in the end PRPL is as a buy stock right now, from my point of view.
The levels explain already a lot but I expect a hard and strong level at $18.50 - this could form a potential new area.
The fall was related to the news on last monday:
"expects earnings and revenue at the low end of prior guidance"
But important is this as well:
The company said it now expects fiscal 2021 full-year revenue and adjusted EBITDA at the low end of guidance ranges it provided in November when it released Q3 results. The company said on Nov. 9 it expected annual revenue of $720 million to $740 million and adjusted EBITDA of $15 million to $25 million.
Overall in the end PRPL is as a buy stock right now, from my point of view.
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.