From earnings to earnings, PUBM is dropping to new drop zones.
Charts show, between each drop zone, it sheds about 23-33% share price.
Even though their fundamental value come closer to 11.8$ / share, their Net Income is dropping massively.
On top of a headwind against overall Tech stocks, and Ad Tech industry, perhaps only reason why PUBM is still holding most...
Testing 200DMA on a solid volume. If it builds between 200-50 DMAs i.e. 18-14, likely to emerge as a big winner on the long side. Failure here would test the ATL.
This stock gas been such a trainwreck. Company that actually has a nice product and makes money. Earnings coming soon. P/E ratio 15.78. It tried to make it out of the trendline but failed. Now retesting. Let's see.
has been hammered in the recent sell-off in growth names, but IMO this name was already oversold before recent sell-off.
With strong earning from GOOGL, & FB (?) Could get attention from the institutions and retail to ramp to the trendline resistance by ER and higher post ER.
Lower range is well defined for now, and there is enough supply to provide better...
PUBM :
Growth stock. Bounce candidate.
Why?
1. We retraced 78% of the move that started in October. This level is good to initiate a long trade because it allows you to place a stop loss not too far below the line.
2. Demark Sequential is on a 9 daily . (More details below on Demark indicators)
3. RSI is low and at a level where we have seen substantial...
TTD MGNI PUBM all received upgrades from Analyst Berenberg. APPS is in same sector and had an upgrade about 2 weeks ago. It broke thru resistance and look for resistance at .786 Fib level. FOMC today, jpow mentioned tapering soon as November, but I see the stock market going up in the next 3 months.
I havent been actively trading lately, as I have not seen any...
From what i researched, PUBM PubMatic has the highest short interest in the market, 55.04% of stock float shorted.
That makes it perfect for a short squeeze, taking into consideration also the recent JMP Securities price target of $64.
Maybe it was shorted because the insider Ownership Percentage is extremely high, 89.50%, and institutions wanted a piece of it...
$PUBM Will be adding this to my watchlist. Very oversold. Lockup agreement ends June 1 which should help us complete the downtrend. Upcoming investor conference June 9. Low shares-float and high short-float of 46%. Great risk to reward if position managed properly.
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