PATH | UiPath Inc | Quick Take

In this [PATH | UiPath Inc | Quick Take] video , we'll be discussing a company called UI Path and its potential as a long-term investment opportunity. UI Path offers a robotic process automation (RPA) tool that helps businesses automate their processes. The company recently made headlines after a sharp drop in its stock price due to missed earnings expectations and a change in leadership.

We'll start by taking a look at the chart for UI Path and its current risk-reward profile. As we can see, the stock has been highlighted as attractive. However, the recent drop in price has raised concerns about its future performance. The founder of the company has resumed the position of CEO, which could potentially have a positive impact on the stock.

We'll discuss the potential reasons for the drop in price, including the missed earnings guidance and the resignation of the CEO. Despite these issues, there is still potential for this stock to rebound in the near future. The stock has upside potential and even in the short term, it could double in value.

For those who are not familiar with UI Path, we'll provide a brief overview of the company and its product. As an automation tool, it aims to help businesses streamline their processes and increase efficiency. The speaker has over 20 years of experience in this field.

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CHAPTERS
00:00 - PATH | UiPath Inc | Quick Take
05:45 - BeachBum Trading Sites
06:34 - Discord Invite

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REFERENCES
PATH - UiPath Inc - Home Page http://www.uipath.com/
Profile of UiPath Inc (PATH) stock | ChartMill.com https://www.chartmill.com/stock/quote/PATH?a=152324
PATH UiPath Inc Stock Quote https://finviz.com/quote.ashx?a=311864277&t=PATH
Weekly Trading Game Plan Notes for 6/3 – 6/7/24 - Part 2 https://docs.google.com/document/d/1oAsIWldMEk6AJEcINTXE4C8YDQJn3LK0TmsnIlnK6YY/edit?usp=sharing

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