AwesomeAvani

PATH - Rising Volume Lifts Prices

Largo
AwesomeAvani Actualizado   
NYSE:PATH   UiPath, Inc.
On the 4H chart PATH was on a trend down in April. The strength momentum ( green band) was

in a narrow range. In May as can be seen on the indicators, both volume and more especially

volatility have increased significantly. The chart pattern is now that of an upward facing

megaphone reflecting the volatility. The strength momentum band is much wider. Price

is above the POC line of the volume profile reflecting a bullish dominance. Fundamentally,

PATH is a player is the exploding AI subsector. Cathie Wood is quietly accumulating shares for

her ETFs as are many other large portfolio investors. In summary, PATH appears to be

an excellent long setup. Sitting in the shadows of NVDA, MU, TSM and others whose focus is

hardware, PATH provides software and services it. Its path to hypergrowth and so price

appreciation appears to be abundantly clear.
Operación activa:
Call option up 94% on bullish momentum. Looking good so far. Thinking about another call option further out. ANET / ASML in the portfolio.
Operación activa:
Another great day call options up 220% overall. watching for a top and reversal.
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