Symbotic Inc. (SYM) Bullish Opportunity – Growth & Momentum Play🔹 Current Price: $21.65
✅ TP1: $24.50 – Short-term bounce from support
✅ TP2: $30.00 – Key previous resistance level
✅ TP3: $40.00 – Next major resistance level ( long-term )
🔹Stop Loss: If trading with leverage, consider a stop below $18-$19.
🔥 Why Are We Bullish?
✅ Strong Revenue Growth
35% YoY revenue increase in Q1 FY2025, reaching $487 million.
Company forecasts $510M-$530M in Q2, signaling continued expansion.
✅ Strategic Expansion with Walmart
Acquisition of Walmart’s Advanced Systems & Robotics business enhances automation capabilities.
Strengthens Symbotic’s competitive edge in warehouse logistics.
✅ Positive Analyst Sentiment
MarketBeat Analyst Target: $38.20, indicating a +76% upside from current levels.
9 Buy, 7 Hold, 1 Sell – Moderate Buy Consensus
✅ Technical Setup
Strong support at $21.00-$22.00, with MACD & RSI signaling a bullish reversal.
A break above $24.50 could trigger a rally towards $30+.
📌 Conclusion:
Symbotic is in a strong growth phase, backed by fundamental strength & technical confluence. A push past $24.50 could fuel momentum towards $30-$40, making it a prime bullish opportunity for both traders & long-term investors. 🚀
