Bouncing off a parallel channel
Bouncing of a broken trendline
Bouncing off the 50% fib
Bouncing for Wave C or Wave 3?
Regardless, bouncing towards $36ish - $40ish.
Bounce
If you haven`t bought PATH before the previous earnings:
Then analyzing the options chain and the chart patterns of PATH UiPath prior to the earnings report this week,
I would consider purchasing the 23usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings...
UiPath ( NYSE:PATH ), the pioneering enterprise automation and AI software company, has announced its fourth quarter and full-year fiscal 2024 financial results, showcasing remarkable growth and strategic initiatives that underscore its position as a leader in the industry.
In the fourth quarter, UiPath ( NYSE:PATH ) reported record-breaking revenue of $405...
The PATH chart shows an interesting development with a potential breakout from a daily bull pennant pattern. Based on technical analysis, this breakout could indicate a backtest of $22 followed by a move towards $32-$36. However, remember that the stock market is volatile and reaching these targets is not guaranteed. Earnings on 3/13
PATH had a nice up week on volume. It has formed a healthy base after a strong stage 2 breakout. The relative strength line is rising although not at all time highs. The financial metrics look strong too. I would look to go long on a follow through.
PATH is currently pushing into the $26.50 pivot. It broke once but was immediately rejected. The 50 EMA has been acting as support, and this looks like it will only be a matter of time before it breaks out to new highs.
Looking good with NYSE:PATH basing above 50EMA ready to make a move. It could also retrace which can be healthy to shake off weak hands and V-shape back to 50EMA.
Shares of UiPath Inc. (NYSE:PATH) , a company specializing in process automation using robotic software agents, now represent an attractive investment opportunity. Recent positive news about the company, including strong quarterly reports and new strategic partnerships, has significantly improved its market potential.
Analysts note that UiPath is at the forefront...
UIPath is showing a considerable amount of weakness in the face of a strong market and we're considering the possiblity it could get worse. We believe the USD may stay boyant enough to subdue growth stocks for a little bit longer.
NYSE:PATH maybe test support around $20.30 before it continues it's NYSE:PATH lol.
I'm bullish long term on this stock and it's price should for the most part correlate to the rest of the technology sector, which is up quite a bit this past year. This company is held in many Ark ETF's, a Cathie Woods favorite, for what it's worth.
NYSE:PATH NASDAQ:ZBRA
I've been watching this stock for a couple years now. I think it's a really exciting company, and I'm always looking for robotics/automation technology companies that aren't priced through the roof. I'm not saying Path is priced to buy right now, I'm just highlighting where the price actions usually begins to subside. Notice the auto trendlines. The blue circle is...
Here we have another example where the dynamics between sellers (bears) and buyers (bulls) have shifted. The first indication of this change occurred in May 2023, where bears failed to establish a lower bottom. Instead, bulls broke through the previous lower high and pushed the price up to $20 in June 2023. In September-October, the price formed a higher low, and...
This one showed on my filter within the last 1-2 weeks.
Am expecting this Head & Shoulder pattern with trendline support to push this to the target.
Follow for more tips in the future.
Key Takeaway
1. UiPath’s stock surged more than 20% after the market opened Friday.
2. The company posted quarterly earnings Thursday that beat revenue and adjusted earnings per share expectations.
UiPath stock popped more than 20% on Friday, one day after the company released quarterly earnings that beat Wall Street’s top- and bottom-line expectations.
The...
