$The RealReal(REAL)$ 

πŸŒŸπŸš€ REAL Opportunities: The RealReal (REAL) Ready for Takeoff! πŸš€πŸŒŸ I 

Kia ora Tiger traders!

Let’s break down one of the πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯hottest stocks on the radar, The RealReal (REAL). This stock is poised for a breakout, and the indicators are flashing green like it’s time to rev up your trading engines! THIS IS A REALLY AFFORDABLE STOCK TO TRADE SHORT TERM SWINGS. Ready? Let’s dive in! πŸš—πŸ’¨

πŸ“ˆ Technical Analysis: A Breakout in the Making!

Looking at the chart, REAL is moving inside a strong ascending channel. The pattern suggests REAL is building momentum toward higher resistance levels. With a bullish setup forming, the stock is preparing for an upward breakout.

πŸ’‘ Translation for fellow traders: Hold on tight~REAL’s technicals are shaping up for a climb to new highs!

πŸ’° Current Market Price: $2.94 (Pre-market +1.79%)

Pre-market action is pushe'd the price to $2.94. We’re seeing support around $2.70 and resistance at $3.00. REAL has already bounced back from its 52-week low of $1.26, nearly doubling in value! πŸ”₯

🎯 Analyst Target Prices:

The pros have shared their forecasts:

β€’ Low target: $3.00

β€’ Average target: $3.60

β€’ High target: $4.00

With the current price at $2.94, the stock offers a potential 29.03% upside. Now’s the time to keep a close watch! πŸ‘€

🦈 Institutional Confidence: Big Money Backs REAL!

Institutional investors hold 73.44% of REAL, signalling major confidence. This figure has risen by 0.43% QoQ, showing that the heavyweights are betting on this one. When the big players are investing, it’s worth paying attention! πŸ¦ˆπŸ’Έ

πŸ”₯ Key Metrics:

β€’ 52-Week Range: $1.26 - $4.64

β€’ P/E Ratio: Loss

β€’ Forward P/E: -7.29

β€’ Market Cap: $302.7M

β€’ Float: 206.8M

β€’ Volume (Pre-market): 1.78K

β€’ RSI (Relative Strength Index): Flashing bullish momentum!

πŸ”₯ Latest News & Trading Indicators:

β€’ Moving averages are trending upwards, a positive sign for momentum πŸ“ˆ.

β€’ Volume is high, showing strong capital inflow from institutional buyers.

β€’ Support and resistance levels indicate potential volatility, making this trade one to watch closely. 🚦

πŸ—£οΈ What Analysts Are Saying:

Top analysts have their eyes on REAL’s potential:

β€’ β€œREAL’s fundamentals are improving, and with increasing institutional support, this stock has the potential to reach $4.00 by year-end.” ~ Analyst A [Sept 2024]

β€’ β€œI’m bullish on The RealReal as it continues to capitalise on the luxury resale market with strong margins. Targeting $3.60.” β€” Analyst B [Sept 2024]

πŸ† Competitor Rundown:

🟒 Poshmark (POSH): Analysts: 🟒 4 Buy, 🟑 6 Hold, πŸ”΄ 2 Sell

🟒 Farfetch (FTCH): Analysts: 🟒 5 Buy, 🟑 3 Hold, πŸ”΄ 1 Sell

🟒 ThredUp (TDUP): Analysts: 🟒 3 Buy, 🟑 5 Hold, πŸ”΄ 2 Sell

The RealReal is making waves in the luxury resale market and is gaining ground with strong institutional support.

πŸ’Ž Fun Fact:

The second-hand luxury market is expected to grow to $77 billion by 2025! REAL is perfectly positioned to take advantage of this boom in sustainable luxury. Now that’s how you go green while making green! πŸŒ±πŸ’΅

πŸ”₯ Capital Inflow Update:

REAL is attracting major capital inflows, particularly from institutional investors who are banking on its long-term growth. With the second-hand luxury market expanding, we can expect more capital flowing into REAL in the upcoming quarters.

Hey Tiger Traders, with strong fundamentals, growing institutional backing, and a potential upside of 29%, is it time to go REAL and add this stock to your portfolio?

@TigerGPT With institutional support rising and bullish momentum building, what do the key technical indicators say about REAL’s next move? What could we expect for price action over the next two quarters?

Happy trading ahead. Cheers, BC πŸ€

@Tiger_comments @TigerPicks @TigerStars @TigerPM @Daily_Discussion 

# Winning Trades

Modify on 2024-09-17 22:42

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.

Report

Comment(11οΌ‰

  • Top
  • Latest
  • TigerGPT
    Β·09-17
    TOP

    The RealReal (REAL) - Stock Analysis

    1. Business and Industry Overview
    The RealReal (REAL) is the largest online marketplace for authenticated, resale luxury goods. The company operates in the luxury resale market, which is expected to grow to $77 billion by 2025. As the second-hand luxury market expands, The RealReal is well-positioned to take advantage of this boom in sustainable luxury.

    2. Earnings Analysis
    The latest earnings report for The RealReal (REAL) in Q2 2024 showed an EPS of -0.16, with a negative net profit margin of -11.53%. The company's gross profit margin stood at 74.15%. The current earnings forecast for the company suggests a negative EPS in the future, with an average target of -0.38 for FY2024.

    3. Price Trends
    The current market price for REAL is $2.95 per share. The stock is moving inside a strong ascending channel, indicating a potential upward breakout. The support level is around $2.36, and the resistance level is at $3.10. The average cost of the stock is $2.88.

    4. Analyst Viewpoints
    The RealReal (REAL) has received mixed analyst ratings. The target price estimates from analysts range from $3.00 to $4.00, with an average target price of $3.60. Currently, there are 5 analysts recommending a buy, while 3 analysts recommend holding the stock.

    5. News Sentiment
    The news sentiment regarding The RealReal has been mostly neutral, with no significant news directly related to the company. It is advisable to explore the stock quote page or financial news platforms for more relevant information.

    Disclaimer
    The information provided above is for reference purposes only and should not be considered as investment advice. The stock market is subject to inherent risks, and stock prices can fluctuate. It is essential to conduct independent research and analysis before making any investment decisions.

    Note: The news sentiment analysis did not yield any relevant news articles related to The RealReal (REAL) during the specified time period.

    Reply
    Report
    Fold Replies
    • TigerGPTReplying toBarcode:Β 

      Stock Analysis for The RealReal (REAL)

      Business and Industry:The RealReal is a digital marketplace for authenticated luxury consignment. The company specializes in the resale of high-end luxury goods, including fashion, jewelry, watches, and art. As a leading player in the growing circular economy, The RealReal benefits from the increasing demand for sustainable fashion and conscious consumerism. The luxury resale market is expected to continue growing in the future as more consumers embrace secondhand shopping and value sustainability in their purchasing decisions.

        

      Earnings Analysis:

        

      Latest Earnings: In the second quarter of 2024, The RealReal reported an EPS of -$0.16. The company's gross profit margin stood at 74.15%, indicating healthy profitability. However, the net profit margin was -11.53%.

        

      Earnings Forecast: The earnings forecast for The RealReal indicates a gradual improvement in performance. For the fiscal year 2024, the forecasted EPS is -$0.38. The company is expected to achieve a higher gross income of $585.36 million, but negative EBIT (-$59.74 million) is also anticipated. The earnings forecast for fiscal years 2025 and 2026 shows a trend of narrowing losses.

        

        Trend Analysis:  

        Capital Flow: Recent capital flow data indicates mixed sentiment. Over the past five days, there have been fluctuations in capital flow, with both inflows and outflows. On a daily basis, there was a net inflow of 367.36K USD on the most recent day (September 18, 2024).

          

        Support, Resistance, and Average Cost: The support price on September 16, 2024, was $2.36 (USD), while the resistance price was $3.10 (USD). The average cost of the stock on the same day was $2.88 (USD). The current stock price is $3.195 (USD) as of September 18, 2024.

          

          Valuation Analysis:  

          Analyst Target Price: Five analysts forecast the target price for The RealReal. The mean target estimate is $3.60 (USD), with a low estimate of $3.00 (USD) and a high estimate of $4.00 (USD).

            

          Analyst Recommendation: Among the analysts covering The RealReal, two recommend buying the stock, while five suggest holding it.

            

          Please note that these indicators are based on available data and analysis at the time of this report. It's important to conduct thorough research and consider other factors before making any investment decisions.

          Risk Disclaimer:The above analysis and indicators should be considered as reference information for investors. Investing in the stock market carries inherent risks, and stock prices can fluctuate due to various factors. It is advised to conduct further research, consult with a financial advisor, and consider your risk tolerance before making any investment decisions.

          Please let me know if there is anything else I can help you with!

      09-18
      Reply
      Report
    • TigerGPTReplying toBarcode:Β 

      You're welcome, BC! It's great to hear that the stock has broken resistance and is trending up, aligning with your prediction. However, please remember that stock market trends can be influenced by various factors, and it's important to continue monitoring the stock's performance and conducting thorough research before making any investment decisions. If you have any more questions or need further assistance, feel free to ask. Cheers and good luck with your investments! πŸ€

      09-18
      Reply
      Report
    • BarcodeReplying toTigerGPT:Β 
      Thanks TigerGPT so it’s broken resistance as I predicted it would and is now trending up. Cheers, BC πŸ€
      09-18
      Reply
      Report
    View more 3 comments
  • Tui Jude
    Β·09-18
    This is a REALly affordable price for a change! Awesome BC! Another best Barcode Buy tip, especially from when you posted this! I wish I got a name but it still looks like it’s rocketing! πŸ’•πŸ’•πŸ’•πŸ’•
    Reply
    Report
  • Hen Solo
    Β·09-18

    A great find at an affordable good price BC! Congratulations πŸ™Œ πŸ₯‚πŸΎπŸŽŠπŸ™ŒπŸ’œ

    Reply
    Report
  • Hen Solo
    Β·09-18

    Great article, would you like to share it?

    Reply
    Report
  • Tui Jude
    Β·09-18

    Great article, would you like to share it?

    Reply
    Report