UiPath, Inc.Pembelian
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.
More analysis on my profile.
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