PATHim not a saas tech fan myself.
but its a interesting stock.
and the working with good company's. and growing good.
could give some good profit in the future.
the company dont make money YET.
so keep that in mind. try to buy the lows target 40/50$
wil take some time. no hurry on this 1.
Safe All!
Stone.
PATH trade ideas
Bottom of the barrel trend. Only up from here. This company recently IPO'd (went public) and is in the robotic process automation industry which enhances companiesโ workflows through automation. In essence, the company saves, time and resources of the employees by streamlining processes. Technically speaking, the company has been on a strong downtrend yet recently it has consolidated and has bounced off support various times. Additionally, the risk/reward is very compelling for this stock due to the fact that it has seen highs of the high 80s (+30%) range, yet the downside to low 60's or 10%. Furthermore, the stock has been getting purchased from the lucrative ARK fund. This can cause quite the stir amongst the fiance media community and further enhance its upside potential.
More analysis on my profile.
UiPath UiPath is a global software company for robotic process automation.
Reviewing the 1H chart, there may be an attempt at a bullish reversal.
- Price just below the pivot: $70.25 needs to be cleared.
- 1H RSI breaking above resistance to a 1-month high.
Note: It would surprise me to see a small flush lower before we get an 'official' bullish reversal (early lock-up expiry has been putting pressure on the shares).
Buy here ($69.75) or better.
Stop: $67.20
Target Range: $76.00-$77.60
PATHLong PATH๐๐
It is not financial advice. This is my opinion. Please check yourselves and invest in the symbols in which you think have a huge opportunity to reach the best results.
I think it will touch the $66 that it can be a good place to enter. But you should watch that because it is able to change the trend toward upside from this place. Check yourselves๐๐
please leave us your opinion and reviews.๐๐
Good Luck ๐๐
There are three targets that you see with pink color.
PATH (1 HOUR TIME FRAME) General AnalysisUiPath Inc. is a recent IPO in 2021 that like most IPOs experience a fast rise and a subsequent sell off. Personally I think there is still a lot more data that I would want to see in terms of price action before I could say one way or another which way it will go. Currently priced at about $70, PATH finds itself right at the MEAN when we look at our 1 hour timeframe ATR Keltner Channels.
It will be interesting to see how things shake out for PATH in the coming week at which time I believe PATH will express through its price action what direction it wants to take. A key support level is $65.63. If PATH significantly breaches this price point we must take another look at our thesis to go long and may even look for higher prices to short PATH. If PATH does hold this support on it's next MEAN regression down then the prices listed above could give guidance as to where some buy opportunities are located.
(Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.)
Trading Idea - #UipathUiPath, Inc. is an automation software company. The company offers an end-to-end platform for automation that combines the Robotic Process Automation (RPA) with a range of features that enable any organization to scale digital business processes. The company's platform is designed to transform the way people work.
1. BULLISH Scenario: Rejection at the short-term support level towards 78.00 USD
2. BEARISH Scenario: continuation of the downward trend. Short target: 65.00 USD
$PATH is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Uipath makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $66.70;
stop-loss โ $63.95 ;
take-profit โ 75.00/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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