On February 1 I charted GDDY bullish movement, topping out at the current pennant long term. That trade was closed, and now we look at the support levels previously drawn. We slightly adjust for the latest high, and we are looking at a potential pivot point at $67.20. If broken, the other levels are drawn out, but I believe it will be a tough resistance level. This is touching now, so expect a minor dip and then a correction upwards.
If you are looking to buy into GDDY, they posted an EPS of .79, and P/E of an incredible 92.
If you are looking to buy into GDDY, they posted an EPS of .79, and P/E of an incredible 92.
