How High Is Up?

Are Duolingo’s latest earnings, the last gasp, or just the beginning?

According to BigCharts, P/E for DUOL is 171, from TC2000, it’s around 142.

Either way, it’s big; DUOL, could be considered as a consumer discretionary stock.

Short interest is low, around 6%.

In the pre-market session, DUOL is trading at 438 (as of 8:44 a.m., EST).

That’s very near the 50% retrace level, from May 14th, high to August 1st, low, which just happened to be 330.32. 🙂

Stay Tuned

Charts by StockCharts

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