PRPL came back on $8.80, therefore it offers the chance to calculate the Fibonacci areas. The levels explain already a lot but I expect a hard and strong level at $18.50 - this could form a potential new area.
The fall was related to the news on last monday: "expects earnings and revenue at the low end of prior guidance"
But important is this as well: The company said it now expects fiscal 2021 full-year revenue and adjusted EBITDA at the low end of guidance ranges it provided in November when it released Q3 results. The company said on Nov. 9 it expected annual revenue of $720 million to $740 million and adjusted EBITDA of $15 million to $25 million.
Overall in the end PRPL is as a buy stock right now, from my point of view.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.