Let's try to make money on this idea. It is not an individual investment recommendation.
Institutes need to pack their ETF's with high-quality stocks. Here is a high-quality beaten-down stock that suffered the fate of many SPACs. Using an indicator developed by @JohnMuchow () it may be possible to find out when this occurs. Per John's write up: " The Ants indicator is based on the research of David Ryan, three-time winner of the U.S. Investing...
all aboard the money train, riding this one up 80% from here to the price target marked.
Trendline break Entry 8.8 Stop 7.8 Target1 10 Target2 12 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
AVPT - very interesting company. Earnings came out - Guidance is not changed for the year while Q2 earnings (revenue / subscription) were a record high - better than expected. Despite that it went down. Company has 250mio cash on hand so part of valuation is already absorbed from there. Solid outlook. Short term, also after how it behaved after earnings, I expect...
AVPT is a major partner with MSFT; as MSFT has good fundamentals & is in an uptrend, AVPT may benefit. AVPT has strong technicals & early indications of sound financials & is likely to be more volatile than MSFT leading to better opportunities for outsized gains; but also outsized reversions. As the moving averages form a bullish cross this could be a great...