Confluent, Inc.Long
$CFLT will break $35 range if Q1 | FY 2025 is good
- CFLT has been range bound for two years now where the lower end is $14-18 and upper range is $35-38.
- If FY 2025, Q1 exceeds expectation of the analyst then this stock will be able to get through the long term resistance and turn it into support.
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IOT is a peer company which operates in IOT and streaming data application layer which has shown promising results and returns. I believe CFLT is a solid company and can reach $45+ comfortably.
CFLT has been range bound for two years now where the lower end is $14-18 and upper range is $35-38.- If FY 2025, Q1 exceeds expectation of the analyst then this stock will be able to get through the long term resistance and turn it into support.
-
IOT is a peer company which operates in IOT and streaming data application layer which has shown promising results and returns. I believe CFLT is a solid company and can reach $45+ comfortably. 
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