Exit Case: Zeta Global Holdings Corp. (NYSE: ZETA) 

Overview: Zeta Global Holdings Corp. (NYSE: ZETA) operates as a marketing technology software company, which engages in the provision of enterprises with consumer intelligence and marketing automation software. ZETA has been a part of the 'Momentum Model Portfolio' since Oct 28, 2024. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the current market price of USD 33.39 as on Nov 13, 2024, (6:30 am EST) as Target achieved.

ZETA’s Daily Chart

New Entry Case: Klaviyo, Inc. (NYSE: KVYO)

Overview: Klaviyo, Inc. (NYSE: KVYO) develops and provides a SaaS marketing platform. It offers personal ecommerce marketing reinvented for online stores on Shopify, Bigcommerce, and Magento.

Technical Analysis: On the daily chart, KVYO has rebounded from significant support levels and is currently rising, indicating a potential short-term uptrend. This upward movement is reinforced by indications that the company's performance is stabilizing, hinting at a possible breakout from its ongoing consolidation phase. As the company shows resilience and stability, the probability of a sustained upward trend grows, which could lead to a retest of its prior highs.

KVYO is recommended as a new entry in the 'Momentum Model Portfolio' as on Nov 13, 2024. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the current market price of USD 35.64 as on Nov 13, 2024 (10:00 am EST).

KVYO’s Daily Chart

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of Nov 13, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.