Amplitude: 2021 IPO Comeback Kid $AMPL $COIN $SNOW

NASDAQ:AMPL   Amplitude, Inc.
Doesn't look like there are many buyers for $AMPL, a peer of $COIN $SNOW 2020-2021 IPO cohorts, though business results look promising in the long-term.

I'd say anything above $10 is a good entry for this as a long-term tech stock that can outperform in future cycles.

Amplitude Inc (NASDAQ:AMPL)
The 8 analysts offering 12-month price forecasts for Amplitude Inc have a median target of $17.50, with a high estimate of 20.00 and a low estimate of 15.00. The median estimate represents a +32.28% increase from the last price of 13.23.

In the chart above, I have 3 bullish scenarios. All 3 are negated if the price drops below $10
As of now, it looks like there's still a lot of post-IPO sell pressure and aside from price defense at $10 late this year, not much new insti investor interest.

"We're so early!" - Famous Last Words


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