Alphabet's reported contemplation of acquiring HubSpot ( NYSE:HUBS ), a prominent player in the marketing software arena. The news, initially broken by Reuters, sent ripples across the market, with HubSpot's shares surging by a notable 9%. This potential acquisition holds significant implications not only for the involved parties but also for the broader tech...
NYSE:HUBS
- good revenue growth
- consolidate tightly between key moving average lines
- tested SMA50 multiple times (3 times) to shake out week hands
- looks like ready to shoot higher
- lowrisk position can be entered here with stoploss < 5%
HUBS on the 3 0 minute chart has been trending up since the last earnings. It is above the high
volume area of the volume profile. Basically it is so trong it is not attracting any short sellers.
Waves of new buyers buy from the float or from those who are collecting their profits and
making room for others. I got a share as a test with the dip the first week...
Price has broken the support line but is fighting to get back above it.
No clear downtrend followed the break.
I turned the support line blue due to the break.
Triangles are often measured by the width of the wide end to guesstimate targets.
Earning early November.
No recommendation.
PE Ratio - 87
HubSpot, Inc. provides a cloud-based customer relationship...
Cup and handle noted and price appears to be in a horizontal trading range after a hefty move to the upside. Targets 1 and 2 were met for the C&H pattern.
This rectangle is neutral until broken.
Some would swing trade inside the structure with caution as eventually this will break one way or the other.
Resistance levels noted overhead.
Earnings 8-2.
No...
T1 and T2 have been met.
Targets for a Cup are calculated using the depth and fib levels.
Overbought.
No recommendation/possible stop under small gap that is underneath price or under handle low
Once it breaks back below thick red trend line it will make its way down to initial target of 370.
Could find support on way down at 407 and 422 but if those break them it’s headed to 370 by mid June 2023.
After 370 I think it has risk to 330s by end of June where it will ultimately find support at the old resistance from the accumulation range in late 2022. If...
When price clears 431.60
With average or above average volume
Target: 466.00 area
Depending on your risk tolerance: 420.05 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade...
The support line is making higher lows for the time being.
The apex on this triangle has not narrowed much at all so it may last a while like a rectangle does.
The triangle is well filled without a lot of open areas inside.
Earnings estimated to be in February.
Short is around 3.49%.
Neutral until broken.
No recommendation/Looks like analysts are positive on...
I posted the idea yesterday on turkey 101, here is the precise expectations:
- drop to ~353 by mid next week, small bounce then continuation to the 332-340 range to complete wave 4 before August concludes
- wave 5 will be around 438-456 and realized in December
Cool company, among the most volatile names, went from 90 in Mar 2020 because of covid to 860s in 1.5...
