Worth trading with $77 as SL (support that held multiple times), $84 as TP. As it is trading at lower Bollinger Band after falling out of it.
Corona virus impact should be minor for SaaS stocks as majority of companies would not cancel their subscription unless the disease remains for another half year causing its customers unable to survive.
If market sentiment remains bearish when market opens next week; may look for a lower entry point at $72.
Corona virus impact should be minor for SaaS stocks as majority of companies would not cancel their subscription unless the disease remains for another half year causing its customers unable to survive.
If market sentiment remains bearish when market opens next week; may look for a lower entry point at $72.