Fiverr's Insane Growth: $65+ Short Target
First off, please don't take anything I say seriously or as financial advice. Everything is on opinion basis, as always. That being said, let me get into a few of my insights. Fiverr has doubled in price since March 20th this year. They had one of the best bull runs a stock have seen in terms of growth during the Covid19 period. That being said, the earnings call today can make or break it. I have high expectations and hopes for the earnings call given the bullish run. Even with a negative earnings call, I think some of the momentum would keep going (but I am expecting positive). That is why I am expected a short term correlation of at least a passing of a $65 price threshold.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.