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...
Company Overview
Duolingo is a leading language-learning platform that offers a wide range of courses for users around the world. The platform's user-friendly interface, gamified learning experience, and extensive language options have contributed to its rapid growth and popularity.
Strengths of Duolingo
- Strong User Base: Duolingo boasts a large and...
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...
Fundamentals:
This company is booming. I like the product, as well.
Technicals:
Daily Inside Bar within a stage 3 crown
5 EMAs
DQ
Daily Extreme signal indicator
Comment:
I expect the price to gravitate to at least 300 by the end of the year of 2024.
Sector is trending up
1. the stock is making higher highs/lows
2. 200 MA is moving up
3. area of value is support around 200 MA
4. lower timeframe opposing trend is broken
5. now we wait for a nice pullback on a lower timeframe
6. then we'll wait for a price rejection stronger than ATR about 1.5 times
7. we'll check there is no opposing 10 or 20 MA ahead
8....
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,...
I started looking at NASDAQ:DUOL after it popped up in a question on a call with Calebs Cube Analytics premium group, and then again when it showed up in one of the Zacks reports.
It looks like its recently completed a 5 wave pattern and an ABC correction. We have a slight breakout from the descending trendline that is testing the 21VWMA:50EMA cloud. I'd like...
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...
Less than 1 week ago we exceeded the the current trading range in which we stuck since mid November. The first rise has been corrected on Friday and yesterday the uptrend has been confirmed. As long as the momentum is lasting we shall see higher highs. The overall market rise is supporting strong trends.
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Duolingo has pushed out of its IPO base after a gap up on earnings. The +21% gap up saw the largest volume ever traded (excluding lock up volume) and closed at the highs.
The moving averages prior to the gap were compressed, but have since expanded from the run up in price. My plan is to go long DUOL on any pull back into the support zone at $220, or long...
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...
3 tops or a Rule of 3
Has problem with braking $164 level which is a sign of weakness.
Look for more weakness. Confirmation when it will open under 8EMA and starts to brake down under 21EMA
RSI high
SMI high
MACD bars down/MA slowly curling down.
Ideal Price Target in OPT zone.
Do not see any news around it. Lack of catalyst.
