GoDaddy - We have seen the Golden Cross on the Daily, the MA 50 moves over the MA 100, a sign of a bullish market again. This happened early January, so we expect a bullish return. This can be tested soon, as Crosses tend to have a second interaction after first crossover. Overall since 2017, we have a Bullish Symmetrical Pennant, which will be a continuation...
On the 1 day chart we see a Bullish Divergence appear generally indicating a reversal alongside a broken trendline, as GoDaddy announced stronger than expected financials Q3. Average analyst target price is reading $89 for 12 months. Expect resistance around $75
I was expecting an acceleration in selloff but not this bad. On one side, the whole market is dropping but it is not all. There is so much more with GDDY. Technically the chart is broken and broken hard. Much lower prices are coming. Tomorrow I think we will see the first target that I set on Friday. We may end the day in $60 - $62 area tomorrow. At this point,...
I have been following this stock since it's just started to form the bearish rising channel. Eventually, classic inverted cup and handle formed and what was missing just a breakdown on bigger volume. Well, today we got it. I do not chase such sharp moves but decided to enter on 50% retracement. There is a chance that it may go up a bit more giving me the perfect...
Godaddy is way overvalued. Using DCF valuation, I can only get a value of $17.50 for GDDY. GDDY has just announced its quarterly earnings, another loss of -0.07 per share. Its sales are growing at 13% per year but it is failing to convert it to positive earnings. I think this stock is going to tank big time. In overnight trading, it dropped to $70 but bounced...
indeed! cover and go long while Jeffrey Gundlach was bearish on CNBC at the true bottom!
We reached bottom of rising wedge formation. We should see dip, but might not be yet. I expect bounce from this level back up to top trend channel. Buy in levels updated to next fibonacci level down, $63. If this fails, we will look for amazing buy in opportunities at 61.8% - $55.00 ish. I expect current trend to resume, so price currently at $68 should be...
GoDaddy, which has been losing over $250 million per year previously, has gone public almost 2 years ago. Since then has published profits of 92.6 million in Q4 2017. 3 million in 2018 Q1 and continues to grow revenue between 20-30%. Stock has doubled since IPO. Trendlines have been broken recently, and stock is still making gains. Look for stock to follow in...
GoDaddy Inc. GDDY, +4.24% shares slipped in the extended session after the domain name and web hosting company reported its first quarterly results as a public company. GoDaddy shares declined 1.1% to $26.48 on moderate volume at last check. The company reported an unadjusted loss of 34 cents a share on revenue of $376.3 million. Analysts surveyed by FactSet...