Long
SMAR /confirming pullback
Technical analysis
Fundamental analysis
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Previous SMAR analysis:
- 200sma & 100sma are now working as our support. This is specially important as they just recently reported earnings (check fundamental analysis below).
- There is also a Fibonacci confluence setting support at $43.
- Risk-reward-ratio ---> 3.5:1
Entry ---> $44.5
Profit-exit ---> $54
Stop-loss ---> $41.89 - Next short-term resistance ---> $47.5
- Support after our stop-loss ---> $40.5 = 50sma
Fundamental analysis
- Smartsheet beats by $0.03, beats on revs; guides Q4 (Jan) EPS in-line, revs in-line.
- SMAR reported 3rd Quarter 2020 diluted losses (ex-items) of $0.25 per share. This missed last year's same period results by 63%.
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Previous SMAR analysis:
Related publications
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Related publications
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.