PATH trade ideas
Bounce to $32 in downtrend?$PATH continues to be in downtrend. If you got lucky and bought $24-26, price is likely to hit the ceiling of channel around $32.
What do you guys think?
Disclaimer: This is not a financial advise. Please make your independent decisions while making an investment.
UiPath USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
nice retest bounce! looking for a rally here now if it holds 👀path recently broke this this small trend channel and did a retest bounce. Textbook bullish pattern! love to see that. stop loss should be a break back into bearish trend channel, my targets are 43.57-49.62-55.67 like and follow for more! 💘
PATH - Life begin over 50NYSE:PATH
From the IPO we can't see substantive bull movement. If the price go ahead $40, or close over 50 SMA, than i can imagine a rise to $55 or $70. (Weekly Volume Wizzard resistance.)
PATH 🤠UiPATH - a good project that I like.
I see him going into a side canal and then we just have to wait for him to come out.
PATH UiPath Investment Idea - Main Post$PATH
I think this is a great business that can potentially double or triple over the next few years. UiPath is a company that provide RPA SaaS tools that help. Lets Analyse the company slowly:
Business Model , what they are all about:
- RPA mean Robotic Process Automation ; this is a software system that emulate human action repetitive tasks, software robots can do things like understand what’s on a screen, complete the right keystrokes, navigate systems, identify and extract data, and perform a wide range of defined actions. But software robots can do it faster and more consistently than people, without the need to get up and stretch or take a coffee break.
UiPath uses artificial intelligence to analyze tasks while workers are doing them, identifying opportunities for users to automate certain processes after seeing them done only a few times. The platform includes specific tools to get ideas from employees on what to automate, to find patterns in workflows that are ripe for automation, and to build end-to-end process maps that improve key performance metrics. Users can often develop their own automation tools with the help of UiPath's robot-building tools, and the platform handles key issues like cybersecurity, compliance, and IT governance. UiPath even offers training and other resources to help users become as productive as possible.
Founders and the management:
- Daniel Dines: he is a Romanian Businessman, taught himself programing at young age and over time he was able to have a job in Microsoft, being in professional work environment really provide a positive sign about the person future, he later took Masters degree in mathematics and computer science (another formal education that show commitment and discipline that most of people lack). Another positive characteristics of Daniel is he is an avid reader and wanted to be an author previously, this impact on how deeply he know about the industry he is working in and the level of involvement can be.
They have solid management too, for that visit this page: www.uipath.com
I went through key people and checked their history and everything about them seem positive.
Partners:
- After having a look at partnerships that the company have, this is definitely going to scale in the future. Partners include:
- EY, Delloitte, Pwc (three of the big 4!), IBM, Accenture. Just to name few because they have 75 pages on their website showing their partners. EY is an audit company and they adopted UiPath software globally, you do not expect two of the big fours to act and adopt a software without providing a real value for them. I have been personally reading since 2014 that audit firms are pushing to automate process in order to have more time to focus on products and procedures that are relevant to value adding services to customers. Just google it.
Share price:
- Even though the business model and market industry show potential growth and expansion, the company stock never went up that much, even in IPO period the price went up to around $90 per share and it went down now for less than half. The reason can be due to the broader macro-economic situation.
It is important to look at the price range to enter from, I personally see downside potential to reach around 35 in the current market conditions, if the Federal reserve increase interest rate also in the first quarter 2022 as they have just indicated, we can also expect the stock price to fall further more.
I will be monitoring the price of the company and then I will be buying in small bulks every time the stock go down until I make the company become 2% of my overall portfolio.
Competition Risk:
Also, UiPath's partner-focused business model has worked well, but we'll be looking to see how potential competitors respond to its success. If UiPath were to lose key partners for competitive reasons, it could potentially change the industry landscape adversely for the company.
Competitors mainly include Blueprism and Automation Anywhere.
Financial Information:
A quick look at the company financial information, we can find the followings:
- A sign of expansion and growth: revenue is growing YoY
- Making operating profit
- the company is still making net loss, even though its balance sheet show great cashflow numbers, the company still showing accumulated deficit, even though this is a normal thing for new companies that are spending money on sales and marketing, yet we need to know when the company will show a positive sign or reversing net loss effect.
Overall the company is a solid one. I will not be buying now but definitely a one in the watchlist
$PATHNOT FINANCIAL ADVISE LMAO! all thoughts in my TA is my own opinion.
One of my favorite setups.
I will be looking to pick up some possible call options this week.
16-11-21 PATH is upHigh volume indicating base has been build and its pulling back now. Im bullish on fundamentals and technicals till it breaks 50 day sma.
If institutions didnt buy it wouldnt have broken the pennant.
PATH gapNice bounce off trendline support,
We could pick up calls tomorrow if stock looks bullish intraday,
There is a gap to be filled to the upside and price is squeezing inside symmetrical triangle.
Also, PATH was Motley fool's pick this month.
PATH Bullish trade scenario 11/11/21PATH is close to support and ready to resume the 4hr uptrend. Low risk trade with a 2/1 ratio. Depending on entry risk is minimal.
i see the path to $65I think path is bottoming here off a weekly 9 (which has flipped to a green 1). Friday's closed is very important, ideally we finish near a high for the week. I see a rebound to the $65 dollar level and then making a higher low. This is a good company worth sticking with long term.
$PATH reaching that 50% markanother IPO I'm watching that is reaching its 50% drawdown from IPO high. IPO tends to react or reverse at those levels (if it's a good business).
We also have finished wave 5 down target. Nice up volume day on Sep 17.
Just a watch, I would wait for a great impulsive move before entering. Bottom might come in the form of daily Sequential or Combo 13.
PATH Accumulation Zone1. We should expect accumulation for the next month. We may test at that stage the trend line.
2. Let's get the break confirmed by high volume and retest by low volume
3. SL 48
4. More inclined that we will get to $30.
PATHim not a saas tech fan myself.
but its a interesting stock.
and the working with good company's. and growing good.
could give some good profit in the future.
the company dont make money YET.
so keep that in mind. try to buy the lows target 40/50$
wil take some time. no hurry on this 1.
Safe All!
Stone.
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 companies’ 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.
Idea Update: UiPath - Stop-Loss Tested Started to move yesterday however opening poorly on Tuesday. Stop-Loss Tested. Argh!!
Original idea attached (see related).
$PATHorange is vwap from ipo
blue is right before first run up
purple is from when it enters the channel
