PATH ahead of earnings on 29th May -To The Moon - Tiger Brokers Online Investing Community - To The Moon

7
2
Favorite

PATH ahead of earnings on 29th May

Asphen
05-25

About PATH

- Process automation company,for which they do well in. But still often mistaken for AI as it is more ML based

- They have developed their own GenAI solution (Auto-pilot) but yet to be established commercially

- They had recently achieved GAAP positive and sitting on a big pool of cash (1b+)

- They have a good FCF

- Good in what they do but have stiff competition

Price Action (Update 25 May 2024)

- Earnings coming up on 29 May 2024

- Since hitting the recent high of 27, it has since come back down to a better value of around 20

- A bear flag had been formed from the breakdown from 23.80 on 21 Mar 2024 and had been in consolidation

- Had been unable to retrace back above Fib 38.2 so remains slightly bearish headed into earnings

Earnings bullish reaction

- A good push up to 22.17 up to 23.83 (range of oversupply resistance)

- Looks unlikely to break above 23.83 but if it does, then back to the previous high of 27 would be re-tested

Earnings bearish reaction

- The counter will move back to the better value range of 15 to 18

- Bear flag extension brings it to 15.60 where it will find support and consolidate sideways

- Resistance will be at 17.40

My plays

- Had started to nibble but in small amounts at 20

- Will look for bigger nibbles if it gaps down to 15.60 region

Good luck, all!

PATH Daily Chart - 25 May 2024

@melson @TigerStars @macroB @CaptainTiger @Deposit

# 💰 Stocks to watch today?(22 Nov)

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.

7

Report

Comment（2）

Top
Latest

Deposit
·05-26
interesting indeed!
Reply
2
Report
Fold Replies
- Asphen:
  very good!
  05-26
  Reply
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":309717432529016,"tweetId":"309717432529016","gmtCreate":1716619198875,"gmtModify":1716619209893,"author":{"id":3576339097425722,"idStr":"3576339097425722","authorId":3576339097425722,"authorIdStr":"3576339097425722","name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":2546,"starInvestorFlag":false},"themes":[{"themeId":"470d3ab575ca43caaed8156645b7ccbe","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"💰 Stocks to watch today?(22 Nov)","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":470d3ab575ca43caaed8156645b7ccbe}&rnconfig={\"headerBarHidden\": true}","description":"1. What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[{"img":"https://community-static.tradeup.com/news/3170f982608375f600dab3dd5fcb8aa0","width":"1280","height":"660"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/3170f982608375f600dab3dd5fcb8aa0","width":"1280","height":"660"}],"title":"PATH ahead of earnings on 29th May\n\n","html":"<html><head></head><body><h3>About PATH</h3>\n<p>- Process automation company,for which they do well in. But still often mistaken for AI as it is more ML based&nbsp;</p>\n<p>- They have developed their own GenAI solution (Auto-pilot) but yet to be established commercially&nbsp;</p>\n<p>- They had recently achieved GAAP positive and sitting on a big pool of cash (1b+)</p>\n<p>- They have a good FCF&nbsp;</p>\n<p>- Good in what they do but have stiff competition</p>\n<p><br></p>\n<h3>Price Action (Update 25 May 2024)</h3>\n<p>- Earnings coming up on 29 May 2024</p>\n<p>- Since hitting the recent high of 27, it has since come back down to a better value of around 20</p>\n<p>- A bear flag had been formed from the breakdown from 23.80 on 21 Mar 2024 and had been in consolidation</p>\n<p>- Had been unable to retrace back above Fib 38.2 so remains slightly bearish headed into earnings</p>\n<p><br></p>\n<h3>Earnings bullish reaction</h3>\n<p>- A good push up to 22.17 up to 23.83 (range of oversupply resistance)</p>\n<p>- Looks unlikely to break above 23.83 but if it does, then back to the previous high of 27 would be re-tested</p>\n<p><br></p>\n<h3>Earnings bearish reaction</h3>\n<p>- The counter will move back to the better value range of 15 to 18</p>\n<p>- Bear flag extension brings it to 15.60 where it will find support and consolidate sideways</p>\n<p>- Resistance will be at 17.40</p>\n<p><br></p>\n<h3>My plays</h3>\n<p>- Had started to nibble but in small amounts at 20</p>\n<p>- Will look for bigger nibbles if it gaps down to 15.60 region</p>\n<p><br></p>\n<p>Good luck, all!</p>\n<p class=\"t-img-caption\" style=\"display: flex; flex-direction: column; align-items: center;\"><img src=\"https://community-static.tradeup.com/news/3170f982608375f600dab3dd5fcb8aa0\" tg-width=\"1280\" tg-height=\"660\"><span class=\"\">PATH Daily Chart - 25 May 2024</span></p>\n<p><a href=\"https://ttm.financial/U/4123471905369072\">@melson </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3560858852313727\">@macroB </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3577700186071729\">@Deposit </a>&nbsp;</p>\n<p><a href=\"https://ttm.financial/S/PATH\">$UiPath(PATH)$ </a>&nbsp;</p></body></html>","htmlText":"<html><head></head><body><h3>About PATH</h3>\n<p>- Process automation company,for which they do well in. But still often mistaken for AI as it is more ML based&nbsp;</p>\n<p>- They have developed their own GenAI solution (Auto-pilot) but yet to be established commercially&nbsp;</p>\n<p>- They had recently achieved GAAP positive and sitting on a big pool of cash (1b+)</p>\n<p>- They have a good FCF&nbsp;</p>\n<p>- Good in what they do but have stiff competition</p>\n<p><br></p>\n<h3>Price Action (Update 25 May 2024)</h3>\n<p>- Earnings coming up on 29 May 2024</p>\n<p>- Since hitting the recent high of 27, it has since come back down to a better value of around 20</p>\n<p>- A bear flag had been formed from the breakdown from 23.80 on 21 Mar 2024 and had been in consolidation</p>\n<p>- Had been unable to retrace back above Fib 38.2 so remains slightly bearish headed into earnings</p>\n<p><br></p>\n<h3>Earnings bullish reaction</h3>\n<p>- A good push up to 22.17 up to 23.83 (range of oversupply resistance)</p>\n<p>- Looks unlikely to break above 23.83 but if it does, then back to the previous high of 27 would be re-tested</p>\n<p><br></p>\n<h3>Earnings bearish reaction</h3>\n<p>- The counter will move back to the better value range of 15 to 18</p>\n<p>- Bear flag extension brings it to 15.60 where it will find support and consolidate sideways</p>\n<p>- Resistance will be at 17.40</p>\n<p><br></p>\n<h3>My plays</h3>\n<p>- Had started to nibble but in small amounts at 20</p>\n<p>- Will look for bigger nibbles if it gaps down to 15.60 region</p>\n<p><br></p>\n<p>Good luck, all!</p>\n<p class=\"t-img-caption\" style=\"display: flex; flex-direction: column; align-items: center;\"><img src=\"https://community-static.tradeup.com/news/3170f982608375f600dab3dd5fcb8aa0\" tg-width=\"1280\" tg-height=\"660\"><span class=\"\">PATH Daily Chart - 25 May 2024</span></p>\n<p><a href=\"https://ttm.financial/U/4123471905369072\">@melson </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3560858852313727\">@macroB </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3577700186071729\">@Deposit </a>&nbsp;</p>\n<p><a href=\"https://ttm.financial/S/PATH\">$UiPath(PATH)$ </a>&nbsp;</p></body></html>","text":"About PATH - Process automation company,for which they do well in. But still often mistaken for AI as it is more ML based - They have developed their own GenAI solution (Auto-pilot) but yet to be established commercially - They had recently achieved GAAP positive and sitting on a big pool of cash (1b+) - They have a good FCF - Good in what they do but have stiff competition Price Action (Update 25 May 2024) - Earnings coming up on 29 May 2024 - Since hitting the recent high of 27, it has since come back down to a better value of around 20 - A bear flag had been formed from the breakdown from 23.80 on 21 Mar 2024 and had been in consolidation - Had been unable to retrace back above Fib 38.2 so remains slightly bearish headed into earnings Earnings bullish reaction - A good push up to 22.17 up to 23.83 (range of oversupply resistance) - Looks unlikely to break above 23.83 but if it does, then back to the previous high of 27 would be re-tested Earnings bearish reaction - The counter will move back to the better value range of 15 to 18 - Bear flag extension brings it to 15.60 where it will find support and consolidate sideways - Resistance will be at 17.40 My plays - Had started to nibble but in small amounts at 20 - Will look for bigger nibbles if it gaps down to 15.60 region Good luck, all! PATH Daily Chart - 25 May 2024 @melson @TigerStars @macroB @CaptainTiger @Deposit $UiPath(PATH)$","highlighted":1,"essential":1,"paper":2,"likeSize":7,"commentSize":2,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/309717432529016","repostId":0,"isVote":1,"tweetType":1,"viewCount":658,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["PATH"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1143,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":309689945116680,"commentId":"309689945116680","gmtCreate":1716654457587,"gmtModify":1716654461103,"authorId":3577700186071729,"author":{"id":3577700186071729,"idStr":"3577700186071729","authorId":3577700186071729,"name":"Deposit","avatar":"https://community-static.tradeup.com/news/755d4c9154e36e706401c15b014f3aea","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":309717432529016,"objectIdStr":"309717432529016","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"interesting indeed!","text":"interesting indeed!","html":"interesting indeed!","likeSize":2,"commentSize":1,"subComments":[{"id":309862100566248,"commentId":"309862100566248","gmtCreate":1716654519732,"gmtModify":1716654524391,"authorId":3576339097425722,"author":{"id":3576339097425722,"idStr":"3576339097425722","authorId":3576339097425722,"name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":309717432529016,"objectIdStr":"309717432529016","type":1,"supId":309689945116680,"supIdStr":"309689945116680","prevId":0,"prevIdStr":"0","content":"very good!","text":"very good!","html":"very good!"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}