EB Looking Like Good Buy, But After Price RetractmentEventbrite's stock has been steadily gaining this past week. Been following this channel, and is about to hit the peak. RSI also indicates that it's close to being overbought. I would get in on this stock after the price drops again and RSI goes back to normal levels. I've also considered holding long as a COVID-reopening play, but the predictable movement makes this a good short-term play also.
Eventbrite
EventBrite is ready for that $11 ShortFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think the wave for people to ride for EventBrite is still continuing and it is about to hit the $11 price mark real soon. Indicators are pointing towards a buy, and the supply & demand curve will start being readjusted as places open back up. It is in the digital category as well, and the CEO/management team both seems to know what they are doing from an executive level and operational standpoint.