PagerDuty, Inc.
Short
Updated

PD Update

168
They washed out all the shorts the past 3 weeks, now there's nobody to buy this PoS.

I should've seen it coming considering options premiums indicated a 14% move. Chart pattern indicates back to the high $20's, certainly that $32 gap fill I was talking about a month ago.

It's toast, lol. I bought some $35 puts with my profits, I bailed waaaaay too early this morning. Look at the MFI, it's got a long ways down.

If you're still in $40 puts, I suggest swapping to $35 soon to lock in profits.
Note
I suspect most of the shorts have covered, there's really no buyers underneath
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I don;t see a bounce until $33 support...
Note
Tank is probably done for the day but I don't see a big bounce until $33 where I plan to close half my $35s. Really wish I hadn't flipped the $40 after open.

Here's the thing, lots of people were looking at the previous earnings like me, and now they're trapped. Obviously no one is going long until support now, since that pattern is blown up, lol.
Note
How is this still tanking, lol?

I expect it to move up a little EOD, probably finishes at $36
Note
Weak 36 cent bounce EOD, the shorts really did get squeezed out this past week.

RSI indicates a drop to $33, MFI indicates we can see an even bigger drop. My only recommendation here is to lock in profits at $33, after that it's all up to you.

Definitely another earnings win, lol. I didn't play it right, but some of my followers did, so that's good.
Trade closed manually
Unfortunately didn't get the gap down I wanted, not to mention the market looks like it wants to melt up so closed while it was red today.

This is my top target for any day I expect NQ to drop. Probably Wed/Thu, lol.
Note
Earnings selloff and rebound is now over, looks like it's just moving with the market. Short whenever NQ1! (Nasdaq futures) is looking like it's headed down.

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