InvestorCowboy

Alteryx (AYX) Descending Channels

NYSE:AYX   None
AYX has formed two descending channels. The first channel had a short breakout followed by the second channel. The second channel is interesting because it breaks but re-enters the channel shortly. AYX is still operating in the descending channel, but I'm not sure whether to be excited or concerned. The break and re-enter on the second channel will worry most investors. What could have caused this anomaly? AYX posted their earnings which is noted by tradingview as a "surprise". AYX beat their expectations which spurred investors to re-enter. With the stock still operating in the descending channel, it's unclear how long investors will hold.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.