Modus777

$AVID Long. If I showed you this chart, would you buy it?

Long
NASDAQ:AVID   Avid Technology Inc.
AVID: digital workstation developer, recording and monitoring board manufacturer, cloud services provider, one of my favourite companies. It has found itself in a very positive situation with COVID. Decent amount of cashflow, more people working from home: meaning more people also recording from home. The monthly subscription to their Pro Tools software couldn't have been brought forth at a better time, rolling out this service whilst we still used USB key-based hardware to unlock their digital workstations.

Looking at the chart, it looks like it's running before earnings on a very bullish upwards trend. Despite insiders selling, their stock has never looked better and they're positioned to postpositive earnings and guidance.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.