CDLX: random steps in Wall Street?
-ABCD pattern.
-Key level.
-Structure pattern.
-Demand zone.
-Candle pattern.
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CDLX will have to fill the gap below. The "news" for the day trade are over, now reality should kick in, first stop is at 13.3, then it'll gradually fall back to 8. The company is losing money and it will continue to lose money, Estimated Q1 2024 EPS is Very Negative, no matter what the pumpers say, You have been warned. Run now and avoid the dump. SELL.
Too much enthusiasm for a losing money company, good trade on the news maybe, but destine to fall back to 5$, Just look at the super negative earnings estimate for Q1, very negative from here, good luck in the way back down, ALL GAPS MUST BE FILLED.
A classic inverse head and shoulders is being built and stock price is not making lower lows.
A few positive catalyst gonna send this stock to moon.
Something big gonna come.
PT: 10-20
Hodl
Trading Idea CDLX (26/7/2021)
Potential upward with positive momentum towards next resistance.
Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own analysis before making any investment decision.
On a shocking earnings beat it isn't surprising to see a price increase as drastic as was seen Tuesday morning. Looking at return on investment, earnings in general, and analyzing the company I come to find that with a low margin of operation it has managed to build a bit of a bubble since it's IPO. It has managed to decrease the amount of debt that it has and I...
Cardlytics (noun) - the study of companies that create a purposefully enigmatic and cool-ish-sounding name to attract investors without the need for a profitable business model.
Cardlytics (noun) - the best possible company to short on Monday afternoon before it announces its quarterly numbers after the close.
What does Cardlytics do you might ask?
They...
insider buying Cup and handle pattern invalidated at deep pull back past mid cup
Waiting on pulback
Cardlytics , Inc. operates an advertising platform within financial institutions digital channels, which include online, mobile, email, and various real-time notifications in the United States and the United Kingdom. It operates in two segments, Cardlytics Direct...
Cardlytics was one of last years better performers with a 500% run pre covid. They have struggled to recover, but the bollingers are getting squishy which often indicates a break one way or other. Earnings are close by which adds a level of risk given current economic conditions. Could be worth a watch.
About Cardlytics
Cardlytics (CDLX) uses purchase...
Looking for good move here with decent volume past $50 level, which will take the stock price up to $60(first target) and then the next level is $70.
If stock rallies then you may want to look out for these levels:
Fib level 38% - $57.95
Fib level 50% - $67.95
