Investamate

Buying AIM listed marketing company Dotdigital

Long
LSE:DOTD   DOTDIGITAL GROUP ORD GBP0.005
DOTD

dotdigital Group plc is a leading provider of email marketing and omnichannel SaaS technology to empower digital marketing professionals. Our marketing automation platform is used by over 70,000 marketers in 156 countries worldwide, empowering global marketers to achieve outstanding results with superior tools and services.

The shares have completed a large base pattern on the move above resistance at 102p. In recent days the shares have corrected to re-test the breakout level. There is signs that a bullish flag/pennant is forming, this is usually a continuation pattern. Further upside is expected from here towards my medium-term target of 134p.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.