Gpap90

XM Inverse H&S heading to lockup expiration

Long
NASDAQ:XM   Qualtrics International Inc
My key points:
1. Sap bought XM ( Qualtrics) back in 2018 for $8b with a P/S : 19.9 https://www.cnbc.com/2018/11/11/sap-is-buying-qualtrics-sources-say.html
2. Based on guidance for 2021 ($954m) current P/S stands at: 17.9 https://www.marketbeat.com/instant-alerts/nyse-xm-consensus-analyst-rating-2021-04-2-3/
3. Descending Triangle Breakout with Apex time and possible retest on earnings date
4. Potential Inverse H&S
5. Rsi divergence & breakout
6. Insiders lock up expiration on 07/07/21 ( https://www.nasdaq.com/market-activity/i... )

*medium risk reward ratio
** Stop loss on latest low
*** Always think for yourself before trading/investing, the above are only my own thoughts on a possible scenario and nothing more.

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