Green is the Buy Zone for a potential reversal imo. Waiting for the RSI to be oversold and then let the Weekly and potential Daily Bull divergences play out. Undervalued and liked by the insiders.
The current short term outlook for DOMO doesn't appear to be great. Taking a step back to look at the longer trend makes this chart a lot more bullish . Two lines of curved resistance have been added to reinforce this idea. Could plausibly roll into something like a Cup & Handle , but not enough information/confirmation to chart that. Pivots have been added just...
The current short term outlook for DOMO doesn't appear to be great. Taking a step back to look at the longer trend makes this chart a lot more bullish. Two lines of curved resistance have been added to reinforce this idea. Could plausibly roll into something like a Cup & Handle, but not enough information/confirmation to chart that. Pivots have been added just...
-After a great rally to the resistance, Domo decided to take a breather. -Now, after bleeding quite a bit, Domo is at a very close point to its support which is standing around 78-80. -We expect it to drop a little bit more to the support before accelerating for another rise.
-Domo remains on track to become free cash flow positive as it begins to win sizable mandates from large corporate customers. -Accelerating digital transformation is driving demand for a business intelligence integration platform which Domo excels at. -The current cash burn profile is not positive, but we believe this will improve in the short to medium term. We...
$DOMO is currently playing out a staggered 3-step Stairway to Heaven chart pattern, via a combination from 3 series of successfully Bullish Flag chart pattern breakout in a short span of 15 days trading session. The breakout rally have $DOMO attained +75.78% gain in just two weeks, closing at an all time high of $66.99. At the current junction, it is critical for...