NRDY MultibaggerNYSE:NRDY Long term downtrend. Massive volume came in. Insiders devoured shares. Now basing with strong bullish divergence. Shooting for 2.50 and then 3.50 by summer 2025. www.tradingview.com Longby Capn_Vibe0
How to trade NRDYNRDY, now at 2.95, on Mar-01-2024 : As per ongoing pattern , this can take support at 2.5 and target price in an year looks like 5.4 Should exit below 2.3 Suppose this takes a flat pattern, then this might not fall till 1.6 and reverse.So be ready for this also and plan for fund allocation and weightage allocation. FYI, i have invested little in this and will hold for 1 year or till the target price is achieved.Longby krishnadevathi110
NRDY - LONGNerdy Inc. announced its Q4 and full-year 2023 financial results, showcasing significant positive momentum. The company reported a 32% year-over-year growth for Q4 and a 19% growth for the full year, attributing this to the successful transition to access-based subscription products in both Consumer and Institutional businesses. This transition has not only accelerated revenue growth but also resulted in substantial operating leverage, with Nerdy achieving $3.0 million in adjusted EBITDA profitability in Q4 and a $33.2 million year-over-year improvement. Revenue growth was notably driven by the adoption of Learning Memberships and expansion in their Consumer business, alongside scaling in the Institutional segment. The company also reported a record quarterly gross profit and margin improvement, attributing these gains to business model changes that enhanced operational efficiency. Despite a net loss, adjusted net earnings showed a positive turnaround from the previous year. With significant liquidity and no debt, Nerdy outlined an optimistic outlook for 2024, expecting further revenue growth and adjusted EBITDA improvements, indicating a bullish perspective on their financial health and growth trajectory. Seems like we are at a great support, The wedge is broken, could be a spring as we have a horizontal support confluence. Small position here $2.51Longby SPYDERMARKETUpdated 1
Roadmap for NRDYBlue solid lines are established downtrends, green dotted lines are established uptrends. Both the uptrend and downtrend lines are established from equilibrium points, (not highs and lows). Thickness of lines illustrates strength of previous price action. Circles are the crossing of uptrend and downtrend (Crossfire Points), usually resulting in reactions. by CrossfireTA1