Newalltimehigh
AppFolio Rockets to New Heights: What Lies AheadAppFolio, Inc. (NASDAQ: NASDAQ:APPF ) has sent shockwaves through the market with a staggering 28% surge in its stock price following a fourth-quarter earnings report that defied expectations. The real-estate management technology company's stellar performance in Q4 2023 has not only exceeded analyst estimates but has also catapulted its stock to an all-time high. Let's unravel the key factors behind this meteoric rise and explore what lies ahead for AppFolio.
Unprecedented Q4 Performance:
AppFolio's ( NASDAQ:APPF ) Q4 earnings report revealed a net income of $30.3 million, or $0.83 per share, a remarkable turnaround from the previous year's loss of $19.2 million. On an adjusted basis, the company reported an income of $32.3 million, or $0.88 per share, compared to a loss of $1.8 million in the same period the prior year. The figures not only beat Street estimates but showcased a growth rate that hasn't been witnessed in almost a decade.
Impressive Revenue Growth:
One of the standout aspects of AppFolio's performance is the exceptional revenue growth, which surged by 39% year over year to reach $172 million in Q4. This surge was fueled by a 13% increase in rental units under management, highlighting the success of the company's software solutions in the real estate sector.
Profitable Growth Strategy:
CEO Shane Trigg's emphasis on prioritizing profitable growth in 2023 appears to have paid off handsomely. The company's operating margin in Q4 was an impressive 16.4%, a stark contrast to the operating loss reported in the same period the previous year. Furthermore, AppFolio's ( NASDAQ:APPF ) free-cash-flow margin expanded to nearly 20%, a significant leap from the meager 1% margin in Q4 of the previous year.
Guidance for Fiscal Year 2024:
Looking forward, AppFolio has set ambitious yet achievable targets for fiscal year 2024. The company anticipates revenues to range between $755 million and $765 million, representing a growth rate of 22% to 23%. While this projection is a step back from the remarkable 31% growth witnessed in 2023, it still positions AppFolio as a growth-oriented company.
Balancing Valuation with Growth:
With a current market capitalization of approximately $8 billion, some investors might raise an eyebrow at the seemingly high valuation of AppFolio's stock. However, the company's commitment to unlocking better growth and profits cannot be ignored. As management guides for an adjusted operating margin expansion to at least 21% in 2024, and an adjusted free-cash-flow margin to reach at least 17%, it becomes evident that the market's enthusiasm is rooted in the tangible results and future potential.
Conclusion:
In conclusion, AppFolio's ( NASDAQ:APPF ) exceptional Q4 performance and optimistic guidance for 2024 have positioned it as a standout player in the real estate management technology sector. The company's strategic focus on profitable growth, coupled with impressive financial metrics, has not only justified the recent surge in its stock price but has also instilled confidence in investors regarding its future prospects. As AppFolio ( NASDAQ:APPF ) continues to redefine industry standards, the market's enthusiasm for this tech innovator appears to be well-founded.
Above 30k is SPRING time for BitcoinBitcoin has the potential to reach 27k-30k by January, but a significant change in the price structure is expected by the end of January or the beginning of February. This could be another upward acceleration or a sharp reversal and continuation of the downward trend. April 2023 is still an important month to keep an eye on for Bitcoin and other markets.
BTC/USDT 1W time frame CHART#BTCUSDT Exclusive TA update :-
$BTC currently trading at $47000
IMO this is best time to Buy #Bitcoin in 2022
As per chart $45000 is Strong Weekly resistance.
December Monthly Close Price is $46200
Which is act Like Strong support.
And $44000 also Monthly Good Support level .
$46400 is Weekly Strong Support.
Perfect Stop Loss for Spot Entry:- $42000
If Hold $44000 Monthly support then My 1st Target will be $55000
Most Important Point=
If $Bitcoin Break $655000 resistance then we can see Agaain All Time High 69000
Then next target will be 80k then final 100k
Bear View If break $44000 support and any Weekly candle close below $44000 then BTC bearish .
And If #btc Break 40K level Then we can see again 28800
Support Levels:-
Monthly = 44000
Weekly = 46400
Daily = $45000
ETH/USDT Expected downtrend breakout happened right at 1st Oct.Intro:
- Ethereum still holds the biggest ecosystem and has running smart contracts for a long time.
This headstart led to a big market dominance compared to its competitors like Cardano , Solana, Cosmos, etc.
- The main issue is the scalability and therefore the transaction fees which are way to high at this stage.
- Ethereum still is the first choice after Bitcoin for big investors and remains attractive.
- SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned.
Daily chart:
- Price shows a breakout out of the falling wedge/downtrend and keeps getting higher. From last chart we suggested to enter around 2900$ and congratulate you if you did so.
- Volume keeps decreasing and is very low for such a breakout. This means currently there is not much resistance from sellers.
- RSI analysis shows a breakout as well. We see that the 35 line did hold again and the RSI passed the 50line.
- Support lines are at 2800$, 1750$ and 1350$. The ascending yellow line can act as support as well.
- Resistance lines are at 3500$, 3950$and 4150$.
Expectation:
- We expect a further price appreciation over the next three months with some consolidation phases.
A first consolidation under the 3550$ line seems reasonable and a struggle in the 3950-4150$ range more than plausible.
- More and more people get heavily into Bitcoin and start pondering about their next investment. Taking Ethereum as next seems very likely.
- End of the year prediction: We will see a 10k$+ Ethereum before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
KCS/USDT Update: Beartrap in play? Looking for 15$+.Intro:
- KuCoin evolves into one of the big competitors of Binance, FTX and Coinbase.
- Often times Coins are listed earlier on KuCoin than on other major trading plattforms.
- The current marketcap is around 1 billion which is much smaller than the marketcap of the main competitors.
- It takes some time to create such ideas and drawings.
You are welcome to pay me back with a comment that states your opinion and maybe leads to further improvements considering my charts and explanations.
Daily chart:
- KCS did try to break above 15$ and then did fall together with the whole market even below the rising purple line.
This formation can be called bear trap once we break back into the rising narrowing wedge.
- On the RSI side we broke out below the consolidation channel and did find support around the 40line.
(The following description is taken from last discussion.)
- KCS touched the 20$ line during April 2021 which is very close to the ATH which is around 21$.
- Afterwards KCS dropped hard back to even 5$ and currently consolidates to make another major upwards move.
- Trading volume decreased during the last 6 months and only saw spikes which coincides with a consolidation phase.
- One can draw an inverse head and shoulders with a breakout towards the 14$ price line.
Expectation:
- We expect to break back into the narrowing upwards wedge.
- Once we break above 15$ we look for a strong volume increase.
- The first target is the 20$ price range but for the end of 2021 we expect to go up higher and therefore into price discovery mode.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone . Check the description.
ADAUSD ALL NEW HIGH IMMINENT The cup and handle pattern we see is almost complete. Once it completes the handle, the price will shoot up with a target of 3.04 for a new all time high! After that, we have a major target of 3.25 from our previous cup and handle (see older chart).
Keep in mind ADA goes live in Japan on AUG 25 at 8:30am. I believe this is on AUG 24th at 4:30pm PST. Let me know what you think!
Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow.
Tell me what you think?
This is not financial advice. DYODD.
VET-USDT-LONGVET seems to be showing a bullish sign of a breakout from triangle structure(where I have circled.) ↗▶🐮👍
Let's see if VET goes on this bull run with many other cryptos and goes to some of our bull targets depicted above.💹1️⃣2️⃣💲💲🐮
If VET falls we can expect to see go to bear target or possibly even lower depending on the market.1️⃣😲🐻🤸♂️💲💲
Talk of Elon Musk being on SNL is very huge (for whatever reason,) so I don't really expect a major drop in many coins, but this could be false..🤪🐶🕙🔊📯🖥🎉
VET is sort of a tracker to make sure things being sold on blockchain are legitimate, and has also been used for holders to earn staking profits.💲👍👌
A few big companies have teamed up with VetChain.👍👱♂️👨🦳👩⚕️👩🏭👨🔧
CMC and circulating supply ( from coinmarketcap.com)
👇👇
Market Cap $14,597,039,549.38
Circulating Supply: 64,315,576,989 VET
Max Supply: 86,712,634,466 VET
Total Supply: 86,712,634,466 VET
Invest at your own risk!
🛑🛑🛑This is never financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑
It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade
Thank you so much!!
Jazerbay ⭐
MANA USDT 💧🌡 Possibly a breakout ?!Hello traders and investors!
I was just checking a chart of MANA (token of Decentraland)
I noticed it has broken upwards 🆙, out of the descending-channel, not to mention has candles that indicate strong demand.
Now we it may be attempting to break out of it's current parameters, and continue on it's bull run and possibly reach a new ATH..
💹I have listed on the chart above my approximate targets, that being said it is possible that MANA does not continue on the bull run so I have also created a bearish 🐻 scenario pattern.
These are my estimations, using several indicators, invest at your own risk and always be safe! 😄😌
Note, after it has reached our target of 1.36, it could keep going or it could lose strength. Stay tuned!🤍
MANA💧🌡 is a token used to make it easy for users to own and trade digital land. Sounds crazy but its very popular 🏕🏙🛤🛣😅.
It is correlational to ETH, so remember to keep an eye on ETH if you decide to invest in this token. I have listed above my buy points and target points, it is wise to wait for complete confirmation after a breakout from any pattern😃
🛑🛑🛑This is not financial advice🛑🛑🛑
Always have a stop loss ✋🛑💲 set
Thank you so much!
Jazerbay
💕
OMG/USDT Recovering after the bitcoin dumpOMG was going for the moon when suddenly Bitcoin decided to drop.
We are still on the downfall but found good support.
Let's see if the support holds and OMG gains new momentum.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
BTC could be headed to $55,000 level at the .236 fibInteresting looking chart for BITSTAMP:BTCUSD
On the 4 hour chart the 50 & 100 day moving averages crossed up through the 200 day moving average. I guess you could call this a double golden cross.
If BTC follows along what seems to be a trend that is not yet exhausted based on RSI and MACD, it could hit the .236 fib Retracement level or roughly $55,000
BTC to either $17K or a NEW ALL TIME HIGH. Hola everyone.
I hope you're all distancing socially -it's Friday. Facetime someone.
So.
Looking at the 2-day here. We are in a descending broadening wedge.
LOOK: At the lower TIME FRAMES. ESPECIALLY THE 1HR. BTC has been going from FALLING - RISING WEDGE. RISING - FALLING WEDGE.
It's FRACTAL -LIKE, seeing these patterns on the lower TIME FRAMES being played out EXACTLY ON THE HIGHER.
Two possible targets:
$17K
$20K NEW ALL TIME HIGH
ALSO.
BACK TO THE 50/100MA "DEATH CROSS"
Has not crossed yet - we may see it tomorrow. But when (and if) it does - I will be going ALL IN on my prediction of entering a NEW BULL RUN.
What are you all seeing?
**I have recently been convinced to start my own channel. I am starting my own TELEGRAM TRADING ROOM. If you're interested in joining -shoot me a message and I'll send you an invite!***
SPLK Shifting SidewaysSPLK is shifting to a trading range pattern as it enters a new all time high level. SPLK gapped and ran up strongly out of a mid-trend short-term bottom.