Queengirlypops
11-21 03:32

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@Barcode$Viant Technology Inc.(DSP)$ 📈 🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 📈💻📈 DSP: Breaking Free and Targeting $35+! 📈💻📈 Kia ora Tiger traders! My Take: Bullish at today’s open—Viant Technology Inc. (NASDAQ: DSP) is out of the doom loop and rocketing towards an initial target of $35+. With its groundbreaking advertising platform and stellar Q3 performance, this one’s set to make waves in the ad-tech space! Key Financial Highlights (20Nov24, 🇳🇿NZ Time): • Pre-Market Price: $18.22 • Revenue: Grew 34% YoY to $79.9 million in Q3 2024. • Net Income: Reached $6.5 million, a stark contrast to the loss reported in 2023. • Advertiser Spending: Record levels, with Connected TV (CTV) seeing nearly 50% growth YoY. Recent Developments: • ViantAI Launch: An autonomous advertising platform to optimise campaigns with precision. • IRIS.TV Acquisition: Enhances CTV capabilities, improving targeting and results. • Certified Partner Program: Featuring key collaborations with Adstra, Experian, TransUnion, and others. CTV campaigns now achieving a 12.89% conversion rate, smashing non-CTV campaigns at 2.5%. Today’s Technical Outlook: • Current price: $18.22 • Resistance Level: $35, with a sharp breakout pattern indicating upside potential. • Next Target: $40 if momentum continues to build post-breakout. Chart Insight: DSP is completing a classic rounding base pattern, signalling a major reversal. It’s climbing with gusto, supported by robust fundamentals and stellar market positioning. Why DSP Matters: DSP is a pioneer in people-based marketing, leveraging its Viant Advertising Cloud™ to dominate the cross-channel advertising market. The company’s bold move into AI and CTV places it at the forefront of a booming sector. Analysts and hedge funds alike are bullish, with institutional confidence climbing. Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerPM @TigerPicks @TigerStars @TigerObserver @Daily_Discussion @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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