kekasih lama datang kembali - LATITUD Latitude Tree Holdings Berhad
Papan Utama
Sektor: Produk Pengguna dan Servis
Subsektor: Peralatan rumah
Status: Syariah
1. LATITUD baru sahaja memecahkan "downtrend line" selama 5 tahun disusuli dengan jumlah volume melebihi dari hari sebelumnya
2. Indikator MACD juga telah menunjukkan signal belian
3. Sesuai untuk pegangan jangka panjang memandangkan sektor perabot rumah mendapat tempias dari arahan "Work From Home"
Wfhstock
Tight price action near resistance.What's the $PLAN? TA,
- Breakout attempted on 2/10 but failed.
- Tight price action near 63.6 level with decreasing volatility
- Earnings catalyst and the price is consolidating till the short term moving averages catch up. Seen this with a lot of growth stocks recently. So, I gave it a name : CAT20e
FA,
- Baillie Gifford 1.3%/Druckenmiller added
-Increasing margins and sales growth
-Increased guidance
-Increased enterprise spend as economy recovers
Concerns,
- Lawsuits
- Negative earnings
High risk, Swing trade only.
Buy: Above short term pivot 66.1 on increasing volume
Stop loss: $60 invalidates thesis if it crosses the wedge downwards
Max risk: 9.2%
PTON Bullish and bearish flow before earningsBacktested the breakout point ($72.1) on Sep 4 or pivot point and held the 20 SMA. Earnings whisper is expecting .13c EPS and $560 mill revenue. Previous Q was $524 Mill, which was a beat. Bullish option flow bought Sep 2 - Over 4000 Sep 11 $120 calls bought and 2900 $110 calls (These would be all down). Bearish flow - On sep 1, Oct/ Jan 2021 call spread $80 bought sold the $85's. Sep 4, the Apr 2021 $90 calls were sold. I would play the run up into ER, then sell.
Gig economy winner. $FVRR or $UPWK?FA,
- Structural headwinds through gig economy, freelancing and 'escape the rat race' theme
- 3Y revenue growth 22%
- Improving gross margins. 70%
- Recent insider purchases
- Like shopify, but for talent. Online talent marketplace.
-Value? Market cap half of Fiverr with revenue twice as much.
TA,
- Major trend reversal. Short term moving averages crossing Long term MA
- Trendline support
- 120MA support 4H
- Higher highs and lows
Concerns,
- Less than expected revenue growth during lockdown. YOY growth 19% at $87.5M
Main competitor Fiverr reported YoY growth of 82% at 47.1m. Growth is key.
- Fiverr reporter a net loss of only -$0.1M while UPWK reported a loss of -$10M.
-Freelancers prefer Fiverr over Upwork.
- Fiverr better glassdoor ratings (4.3 Vs. 3.8)
- Higher volume on red days
Seems more like a technical trade considering the above points or a value play. Fiverr is still the better company fundamentally. Until Upwork can show above significant growth rates, the stock would not gain much momentum. 20% growth for a growth stock with people looking for jobs online is not enough in my opinion.
Long JKHY, WFHInformation tech com. surged, I formed a legendary triangle pattern. Good odds to breakout.
