I'm liking these names that come in dreams. This one came at like 1:30 am on Monday though and I couldn't get back to sleep, so I hope it can make us some money at least!
I only last week heard of Udemy casually mentioned on youtube, and then figured out what it was. I didn't realize it traded until I thought I need to investigate it after it woke me up on...
Fundamentals
Not my usual play, but I do like to tell myself that I have developed a keen eye for reversals. So let's see if this one works out
Udemy is an Edutech firm with surprisingly good fundamental s, considering the stock price would probably be telling you otherwise
Valuation is not extended (compared to the current market standards - P/S = 2.8),...
The market expects Udemy, Inc. (UDMY) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare...
I bought into the Udemy IPO. Since then, the stock is worth less than half of the IPO strike price. Looking at the company, the number of competitors in the market, as well as the margins both to the company and its instructors (I am one, with over 7k students), I just don't see the stock ever reaching over about $15-$20 per share.
Udemy is setting up for an break out to the upside in a minor range.
Looking for a buy at $14,70 with a tight stop at $14,20.
Target to the upside around $23.
online course provider company which is in a downtrend for a while. a number of alternatives are in the market. it broke the HTF resistance line. and now forming a bullish flag. with the sentiment changing from bearish to bullish, it can outperform. but the bearish scenario of the market is not over yet. it seems like an Elliott correction wave. the pushdown seems...
Udemy is an online educational platform with bad fundamentals and bad earnings
Is there any sign that the big downtrend will be broken? No.
Is there any support? Not anymore.
MACD and RSI are supporting the move
First time I've ever seen a stock IPO and immediately form a Head and Shoulders pattern. After breaking the neckline it's come down to the end of it's measured move. It's forming a bullish descending wedge pattern and has bullish divergence on the RSI. Looking to buy as it gets closer to the trendline. Confirmation will be if it breaks the wedge to the upside and...
IPO intraday trading strategy idea
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price today.
So I opened a short position from $26,17
stop-loss — $27,90
take-profit — $20,98/MOC price
Do not view this idea as a...
