liocrypto

Hubspot a nicely upward trading stock opportunity

Long
NYSE:HUBS   HUBSPOT INC
Hubspot is a real growth success, since its inception the stock has been growing steadily and there is no reason to think that this would stop anytime soon.
The stock has always found a nice resistance on its 200 MA.
The RSI indicator remains mostly between the 30 / 70 key levels and is currently near 50.

The fundamentals of the company are excellent. If you don't know well the company HUBS is selling a CRM SAAS based solution that guarantees recurring revenue with nice and steady user base growth ( you can compare the business model to ADOBE but on a totally different side of the industry of course ). I discover that stock as a user of their solution and I do love the software they develop. I start investing in it around 120 USD and I am planning to extend my long position. I still believe there is a huge opportunity for the stock to reach much higher levels in the short & long term.

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