This is an Active Investor correspondence that contains a new swing trade or investment idea, an adjustment to a previous idea, or new information.
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Pubmatic Inc., is a U.S. based advertising software and strategies developer for the advertising industry. What makes this idea compelling has nothing to do with their fundamentals and everything to do with the stock’s technical situation.
There isn’t a lot of price history to go on, but the recent structure is bullish and price has retraced into a very attractive area in terms of reward/risk for a new swing trade long.
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