The bullish DailyPlay for Tuesday, December 1st is Coupa Software Inc (COUP). COUP has experienced a 14.7% gain over the past month as technology stocks regain momentum.
- Revenues expected to grow at +35% for 2021 and 2022.
- Well diversified offerings allow for defensible competitive advantages among the largest 1000 corporations for Business Spend Management.
- Earnings: Dec 7 (6 Days)
- Broke above $320 resistance providing a good entry for a long exposure
- Both 1M and 6M trends are bullish
- Strong relative strength, technical score (8 out of 10)