Kubient bearish. KBNTGoals 1.41, 1.16. Invalidation at 2.54 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
KBNT
KBNT 1W ScalpTest $3.09->$3.93 and then wave 3->4 are the only long ops until bottom next year
Kubient, Inc. operates as a video advertising technology company, which offers a full stack programmatic platform. The firm provides full control to the publisher allowing them to maximize their offering at scale and improve the overall user experience. The company was founded by Paul Roberts in May 2017 and is headquartered in New York, NY.
KBNT (Swing Trade Idea)From Technical Analysis stand point: Whenever a short time frame moving average crosses above a longer time frame moving average, it is common to see the price surge upwards.
The daily (9-hour) period moving average (MA) is on track to cross above the weekly (45-hour) moving average.
With momentum on the back of KBNT's upcoming earnings report (probable beat), the daily moving average may cross above the monthly (189-hour) moving average as well.
The white circles show how the price has reacted when these moving averages have been crossed in the past.
KBNT (Kubient, Inc.) Is expected to release their Q4 2020 earnings report (after close of market) on Thursday (25/Mar/2021).
They have scheduled a conference call at 5:00 PM EST on the same day to discuss their earnings.
U.S. dial-in: 1-877-407-9208
International dial-in: 1-201-493-6784
Live broadcast: c212.net/c/link/?t=0&l=en&o=3093107-1&h=539919079&u=http%3A%2F%2Fpublic.viavid.com%2Findex.php%3Fid%3D143872&a=here
What leads me to believe that this will be a significant earnings beat is the following:
On their Form S1 filed 2/July/2020, Kubient indicated that quarterly revenue was expected to reach $500,000/quarter if their contract with the Associated Press was renewed.
See SEC filing for reference:
sec.gov/Archives/edgar/data/0001729750/000110465920080690/tm2023792-1_s1.htm
Search for the words "from the AP Agreement" on the document for reference.
This contract appears to have been renewed.
Here is more on how it originated and progressed.
adexchanger.com/the-sell-sider/the-associated-press-boosted-revenue-by-culling-its-ads-txt-file/
KBNT Inverse Head & ShouldersKBNT has developed an inverse "Head and Shoulders" pattern this month. This is a strong indicator that the down trend is about to reverse up.
After the price crosses the "Neck line" (About $7.43 +/-) it is possible that KBNT will breakout gaining $2.50 in value (The height of the head to neck line) arriving at a potential target price of $9.93.
Just my opinion, not financial advice.
A Small Idea on a Penny StockI don't normally mess with penny stocks, though a whole lot of them have been doing quite well during this bull cycle. Someone in a Discord server I'm in asked about our thoughts on $KBNT, and I apologized with some technical analysis. In fact, I probably over analyzed it. While there's a bunch of potential scuffed harmonic patterns that could (or likely would not) start closer to the developing area of value (the thin blue line), really, the thing is just most attractive to me as a trade setup by operating purely on Fibonacci retracements, historical support at $5.29, and the developing Class A Hidden Bullish Divergence.
Maintaining a Risk/Reward Ratio of 3 to 1, we could place our stop below the $5.29 historical support, specifically $5.17 to risk roughly 22% of our position, and only need to stay in the trade long enough for the price to reach Dow's 50% retrace of roughly $11 to take a profit of 66% (We will sell 50% of our position here). After that, we would raise our stop loss to either our entry level, or if we want to be bolder, raise it to the 22% gain level above our entry point to insure we are playing with the house's money. If it then rose to the .618 golden retrace, we could take profit again for 85% gain by selling 50% of the remainder of our position again. At that point you could set your third take profit level to the end of the golden retrace, the .786, but I figured "Hey, it's take profit 3, why not shoot for the moon a bit?" and set it to the 0.886 for a third take profit of 125%, and we could do so by selling 60% of the remainder of our position. From that point, we could set a Take Profit 4 at one of the Fibonacci Extensions like the 1.172 or the 1.414, while setting a trailing stop of ... oh ... maybe 5% on what is left of our position.
Sorry if I got a little verbose there. I just wanted to explain my trading plan a bit more thoroughly than I normally do. Here's to hoping this goes up quite a bit.
Long Digital ad space, earnings run upTTD crushed earnings on Feb 18th by beating eps by 60%, revenue by 9% and guided higher next quarter. MGNI provides sell-side advertising platform (ER on 24th) for possible earnings run up and same sector play. The open interest for March $60 calls is over 6000.. KBNT is another stock in the tech ad sector, but it already gapped up over 80% last week. APPS gapped up friday as well. Good Luck!
