PagerDuty, Inc. operates a digital operations management platform. It provides incident management solution that integrates with information technology Ops and DevOps monitoring stacks to improve operational reliability and agility. The firm collect machine generated data from virtually any software-enabled system or device, combine it with human response data,...
PD heading into the gap, where it got rejected last. Earnings next week, keeping an eye on the chart. If they beat, this can fill that gap. It has been consolidating around this price area for almost 3 months.
All levels plotted are from a single fib series, its "Genesis Sequence".
6.853 is 1.618^4 (to the fourth) and obviously this asset's KEY threshold.
Even the Fib-BLIND can now SEE this level very clearly for its importance.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look...
PD has already had an impressive recovery from the March 15th low. Recently it has been consolidating above the trendline and closed with a nice green candle today. Looking for a push into the red box and potential breakout above 39. Further targets would be the fib levels above. Important that growth names stay strong and we see follow through in the Nasdaq. Not...
Formed a pennant, broke downwards, retested the point of the pennant, and heading back down.
No position, but should have shorted this garbage on the back test.
It's funny, all my favorite garbage stocks seem so overdone, yet they keep going down farther. See SFIX. Idiots deserve it for pumping crap earnings, they did the same with this garbage.
This chart...
Kept saying this is a garbage stock, same with PTON and SFIX. Anyways, they're all down, but much like PDD I think this can tank further on earnings, they keep pumping this garbage up on crap earnings and poor guidance, lol.
Expecting an up day tomorrow, might grab a couple puts as a starter, will definitely buy puts Dec 7th before earnings (after close).
PagerDuty has been beaten up quite a bit but I see it has room for growth. The lowest estimate is at $60 and the highest is at $66 with $57 target in the middle. That's a great upside from $34. They have lots of cash verses debt and the insiders love it. I see ARKK just picked it up as well.
Appears to be in an up channel and cycling between overbought and oversold on the daily.
I knew that earnings pump was BS, lol. Margins sucked. But the trend is up for now until it hits the top of the channel
PagerDuty weekly chart has been forming a multi-year cup and handle. If it can run past that 55-60 range things could get very interesting. This is all, of course, market permitting. Considering the price action and the number of shares being added by ETF funds this could play out very well.
PD Gapped up on earnings followed by an immediate reversal where it has now filled that prior gap. Now that the gap has been filled i suspect a rally back to the gap up level of 47.25
Looked really weak after the earnings pump, very reminiscent of SFIX. Overbought on MFI and RSI, and no buying interest.
I think the gap fills next week, but I didn't play it. Declining margins for a money losing company is usually bad news, not good, lol.
The Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or...
Ridiculous pennant going into earnings next Thu, not sure if they're gonna tank it like they should or if they pump garbage earnings like last December.
Powell gave the market the green light to pump garbage again, so I might buy a straddle this time. There's 2 weeks between earnings and options expiration. I would lean towards puts if buying only one side. ...
