After rough couple of days of stock and major indices decline, we are seeing some buying power coming in to the markets.
DuoLingo, a platform made for learning languages with million of users worldwide, is forming a Cup and Handle, which once broken could bring good price rise.
What to watch:
1. Stock is regaining it's 50 day exponential moving average. Huge...
🚀 Overview:
Market Potential: Duolingo operates in a thriving market, with the global language learning industry projected to grow at a 9.2% CAGR.
User Acquisition: The company's impressive organic user acquisition strategy, with up to 90% of new users acquired without paid advertising, demonstrates its strong market presence.
Product Development: Duolingo's...
DUOL on the 30- minute chart shows a healthy pullback of about 5% from its ATH reached both
Feb 29th and a few days ago. so it is just under a double top. On March 19th, it rallied from
the pullback to put in the second ATH and then dropped 5%. The question here is whether,
CUOL can attract interest volume and so money inflow to allow a price rise (Wychoff''s...
Duolingo ( NASDAQ:DUOL ), the popular language-learning app, witnessed a significant uptick in its stock price, surging 5.8% following JP Morgan's initiation of coverage with an Overweight (Buy) rating and a target price of $270. Analysts lauded Duolingo's unique strengths, including gamification features, personalized learning, and robust data analytics, which...
DUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in
relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag
pattern typically forecasts a leg of a bullish continuation higher after some consolidation.
Options for March 15 went 2.5X overnight. Half the position off the table taking...
Duolingo (NASDAQ: NASDAQ:DUOL ) has witnessed a remarkable surge in its stock price, soaring over 19.79% as the company projects robust revenue growth fueled by the booming online learning trend and strategic integration of artificial intelligence (AI) on its platform. The language learning giant's forecast for 2024 revenue surpasses analyst expectations,...
While I like DUOL from fundamentals and momentum leadership perspective, my interpretation of the price structure calls to be very careful to any potential sell- or trend-changing signs.
227-264 area is the zone of important resistance for the first leg of an uptrend trend, starting from May'22 lows.
Until price is closing bellow 264 level, I cannot disregard...
Duolingo (DUOL) shares jumped around 10% this week trading after the company reported quarterly earnings and guidance above consensus expectations.
The company reported Q3 EPS of $0.06, $0.14 better than the analysts' estimate of ($0.08), while revenue for the quarter came in at $153.6 million, up 43% YoY and well above the consensus estimate of $132.15...
As tech related stocks break out higher, DUOL is another one not followed by many that needs to be watched.
While the company is yet to put in a profitable year, its revenue has grown from 71mn in 2019 to 369mn in 2022. GP margins remain very strong but NI is yet to turn positive.
Its total cash position has grown from 60mn in 2018 to 608mn in 2022, giving...
In the most recent two-quarters, DUOL has sold off ahead of earnings and then rebounded sharply after reporting earnings beats. Coming into this quarter price action is reversed. DUOL has experienced a strong rally from a quarter ago, clocking in over a 50% gain from the lows of their Q1 2022 earnings in May. This bullish short-term momentum might just be stomped...
Recent IPO $DUOL is presenting to us a classic double bottom pattern. Within the last couple of weeks, there has been strong volume around the support areas. The second bottom also undercuts the first bottom, which is a positive sign as well, as we want to see that shakeout occur.
Another thing is that earnings, subscriptions, and bookings are also showing signs...
$DUOL technology name, IPO 7 months ago.
rising 10/20 MA with bullish crossover after 6 months of decline. volume remains subtle as it continues to build a base beneath the highlighted DTL.
$102.55 is a clean pivot that would take this name out of its DTL, and YTD resistance
