Hello fellow traders and investors, here's another trade idea.
EXPI has kept pulling back and looks like we might have found a support around the 32$ level. If EXPI makes a recovery to its previous high it offers a 133% ROI. I am looking at this as more of an investment than a trade.

Technicals:
The Macd indicates that it's oversold
The RSI indicates that it's oversold

When To Buy:
Now

When To Sell:
At its previous high

Fundamentals: EXPI operates as a cloud-based real estate brokerage firm. It focuses on the development and use of cloud-based technologies in order to grow an international brokerage without the burden of physical brick and mortar offices and redundant staffing costs. They state in their 10-K filing that some of the risks associated with their performance can be because of the strength of the residential real estate market, the current pandemic, revenue could vary between quarters and sustaining their agent growth rate. I personally think they are a huge disruptor in the real estate brokerage industry because of their current edge using cloud-based solutions to make their overhead smaller and reducing fees being charged to real estate agents. They have a P/E of 169 which isn't that bad considering their massive growth, they have a P/S of 2.70, a debt/equity of 0.03, sales growth Q/Q of 122.40%, an EPS growth Q/Q of 647.90%, a profit margin of 1.70% and a short float of 7.55%.

Rating: 95/100 since their technicals are decent and their fundamentals are amazing for a very new company.

I hope you enjoyed this quick analysis and many more to come.
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Thanks.
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