PATH: AI-Driven Layoff Trend Sets Up a Potential Round-Two Rally

AfraSimon
12-01

We've all seen the layoff headlines, most of which are due to AI.

But which companies actually benefit from this...like who's providing the "ai automation"?

$UiPath(PATH)$ can be one of the big winners here.

Earnings on Wednesday after close can be a catalyst.

Partnerships with $NVIDIA(NVDA)$ $Snowflake(SNOW)$, OpenAI, and even $Alphabet(GOOG)$ .

Took this from $13 to $18 in October, and looking for round 2 now.

Daily & weekly charts both look ready again, there's a huge base building.

PATH now $13.85, my levels of interest are shown on the chart screenshot attached.

Run it backkk.

For SG users only, welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

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.

Comments

We need your insight to fill this gap
Leave a comment