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NgBinhMinh
Feb 5, 2021 2:14 AM

PING BUY OR LONG , TARGET $50 Long

Description

There are many ways to call PING pattern, some call it the "Stimulate" pattern, while
the classic might be "Reverse Triangle", with a target of $50 stop loss of $31.

Trade closed: stop reached

Comments
Maddy50
Is this a short term target or long term? I hold ping at 30 average for quite sometime.. the momentum is pretty slow.
DO you see its crossing 100 end of year?
BirchCharles
@talentadvisormadhan why would their current revenue and current product offerings make you believe they will increase their market share by that much to triple their value....
Maddy50
@burchconnor, I was comparing the growth with Okta
BirchCharles
@talentadvisormadhan I wouldn’t compare the two companies being one is more cloud focused and the other is on on prem solution
Maddy50
@BirchCharles, Thanks Charles. Appreciate your inputs.
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