$KVYO - An IPO Cup pattern that formed a handle from recovering its immediate earnings gap down

jfsrevg
12-10

$Klaviyo, Inc.(KVYO)$ - An IPO Cup pattern that formed a handle from recovering its immediate earnings gap down.

This is the sort of capital structure and sector that typically dominates the 'Top 100 Performance% Stocks' annually. Market Cap: 10B, Share Float :53M, ADR% 4.4%, Avg $ Vol: 47M, Sector: Technology, IPO Timer: 1.2 years.

Price action reclaim all MA last week, sitting at less than 2x ATR% from 50-MA and less than 3.5% from ATH that traded prior to earnings release on 6/11.

Estimated sales growth for next earnings is +28%. Lucrative gross margin of 77% for its business has been extremely stabled since Q3'23 ER.

'Klaviyo, Inc. develops and provides an SaaS marketing platform. It offers personal ecommerce marketing reinvented for online stores on $Shopify(SHOP)$ , $BigCommerce Holdings(BIGC)$ , and Magento. The company was founded by Andrew Bialecki and Ed Hallen in 2012 and is headquartered in Boston, MA.'

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