Hubspot a nicely upward trading stock opportunity
Hubspot is a real growth success, since its inception the stock has been growing steadily and there is no reason to think that this would stop anytime soon.
The stock has always found a nice resistance on its 200 MA.
The RSI indicator remains mostly between the 30 / 70 key levels and is currently near 50.
The fundamentals of the company are excellent. If you don't know well the company HUBS is selling a CRM SAAS based solution that guarantees recurring revenue with nice and steady user base growth ( you can compare the business model to ADOBE but on a totally different side of the industry of course ). I discover that stock as a user of their solution and I do love the software they develop. I start investing in it around 120 USD and I am planning to extend my long position. I still believe there is a huge opportunity for the stock to reach much higher levels in the short & long term.
The stock has always found a nice resistance on its 200 MA.
The RSI indicator remains mostly between the 30 / 70 key levels and is currently near 50.
The fundamentals of the company are excellent. If you don't know well the company HUBS is selling a CRM SAAS based solution that guarantees recurring revenue with nice and steady user base growth ( you can compare the business model to ADOBE but on a totally different side of the industry of course ). I discover that stock as a user of their solution and I do love the software they develop. I start investing in it around 120 USD and I am planning to extend my long position. I still believe there is a huge opportunity for the stock to reach much higher levels in the short & long term.
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.