Reasons for bullish bias: - Bullish Crab formation - Entry at HH breakout for trend confirmation - Dow theory - Bearish divergence Entry Level(buy stop): 20.45 Stop Loss Level: 15.97 Take Profit Level 1: 24.93 Take Profit Level 2: open
Toast, ( NYSE:TOST ) maker of restaurant management software, stated on Thursday it will lay off 550 employees, about 10% of its workforce. The company also reported fourth-quarter earnings that beat Wall Street’s expectations. Several Tech companies have instituted layoffs in 2024. On Wednesday Cisco ( NASDAQ:CSCO ) said it would eliminate 4,000 jobs as sales...
TOST went public in late 2021 - just in time to get slaughtered in last year's bear market. But the stock is now turning around. I like the late-2021 and 2022 IPO bucket since a lot of these names have not had a chance to shine in a healthy market. Many are trading for a fraction of their IPO price and beginning to shine. TOST is one of them. After nearly...
Looks ready for liftoff. 3D char shows accumulation. Breakout likely here. Long with S/L 20
$TOST - Tech | Software Infra (another tech as the sector is leading in 1&3 mths RS) traded out of a 6mths bullish falling wedge to rising 10/20 MAs and RS. pre-Fri's ER posted strongest ever quarterly sales. Fri traded as much as +19% intraday ATH VWAP is a key pivot level now
Toast, Inc. operates a cloud-based technology platform for the restaurant industry in the United States and Ireland. It offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk,...