Modus777

$AVID Long. If I showed you this chart, would you buy it?

Long
NASDAQ:AVID   Avid Technology, Inc
AVID: digital workstation developer, recording and monitoring board manufacturer, cloud services provider, one of my favourite companies. It has found itself in a very positive situation with COVID. Decent amount of cashflow , more people working from home: meaning more people also recording from home. The monthly subscription to their Pro Tools software couldn't have been brought forth at a better time, rolling out this service whilst we still used USB key-based hardware to unlock their digital workstations.

Looking at the chart, it looks like it's running before earnings on a very bullish upwards trend. Despite insiders selling, their stock has never looked better and they're positioned to postpositive earnings and guidance.

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