PaferDuty has a massive upside of 150% growth opportunity according to old good technical analysis clearly showing reversed head and showers. If we do classic 100% 1:1 we should end up at around $104 per share.
We are still under Tenkan and Kijun on Weekly and Under the Kumo on D1 so it's a very good chart to observe and catch the potential momentum should it...
. The price is trying to break downtrend #1 for the second time. It will be a buying opportunity if downtrend #1 is broken.
. Also, it will be a possibility of temporary retracement to the buy zone when the price reached the suggested resistance line (7.5150) and downtrend #2.
. Traders can set orders based on Price Action...
According to the analysis with the help of MACD it is seen that MACD has touched the support levels and there are chances of most likely it would be bonced back and it's going to be an Uptrend.
This is only an idea and my strategy. Please do your own analysic.
This analysis is not recommended and do not take any responsibility for a loss or gain.