Nice Breakout before Earnings

After seeing a Golden Cross on Jul 21, and being stuck in a channel where it had been historically moving sideways (3 months in 2019), young Medallia is off to the races. One of the few software companies that haven't seen the massive price increase that we've seen with other software companies. Growing revenue at 20%, just below the Rule of 40 ( FCF ), its CAC Payback is higher than usual but it's trading at almost its IPO Price.