Alteryx (AYX): low risk / high reward territory (buy)

2023年5月5日

Alteryx has strong fundamentals and is actually being adopted at my own F500 company. It was recently oversold on mixed earnings report.

Short term: 1-2 months
A likely retracement to the .382 fibonacci level or the 200 day moving average would yield 40-60%.

Long Term: 2+ years
I expect, like most stocks, they will revisit 2021 all-time-highs in 2 years after the fed has completed all of their rate cuts, i.e. 400% gain for AYX.

Note a recession or further quantitative tightening by the fed may force prices lower.

2023年5月9日

交易進行

2023年6月12日

註釋

I have added to my Alteryx bag at $38.30.

2023年7月12日

註釋

Alteryx stock has nearly retraced to the fibonacci golden pocket, however I expect it to continue past it following the lump pattern developed over the past year. Holding for now, and may take small profits if a better opportunity presents itself.

2023年9月7日

註釋

This trade setup went south, as most risk assets have struggled this year. However, news of a buyout was released yesterday resulting in a large spike. I sold 65% of my holdings at about a 5% loss, since there are many other risk assets that are relatively much more undervalued that I've reallocated to.