Long Position on DT @ $42.00 on 7/16/2020 (Fundamentals)

Dynatrace, Inc. (DT) provides a software intelligence platform for the enterprise cloud applications.

It operates Dynatrace, a platform for running an enterprise cloud.

The company's products include AppMon that works in various application environments, such as mobile apps, web apps, web browsers, web servers, Java, .NET, Node.js, PHP, databases, middleware, and mainframe; Classic Real User Monitoring, which tracks user's experience from an edge devices comprising smart phones, tablets, PCs, or kiosk through cloud services, as well as customer's web tiers; Network Application Monitoring that provides enterprise applications, network services, user experience, and application delivery across wide-area networks; and Synthetic Classic, which offers customer experience, as well as is used to monitor application and application program interface availability and performance.

Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training services.

Dynatrace, Inc. markets its products through a combination of direct sales team and a network of partners, including resellers, system integrators, and managed service providers. It serves customers in various industries comprising banking, insurance, retail, manufacturing, travel, and software.

This stock should continue to see an increase in share prices as it moves higher in its upward trading channel.

Entry point: $42.00

52-week trade range: $17.05 - $44.65

Stop/Loss: $40.00

Target Price: $46.25

Updates

9/1/2020 11:31:03 AM

DT closed at $46.45

Position closed on 9/1/2020 at price of $46.45 with a 10.60% gain in 47 days.

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