Company Overview: The RealReal, Inc. (NASDAQ: REAL) is an online marketplace for authenticated, consigned luxury goods. As per our previous report on REAL on June 30, 2023, a ‘Speculative Buy’ recommendation was given on the stock at USD 1.98 and noted below are the details of the recommendation summary provided in the previous report:

Recommendation Summary as on June 30, 2023

REAL’s Daily Chart

Considering the target levels achievement, current trading levels and associated risks, it is prudent to book profits at the current levels. Hence, a ‘Sell’ rating has been provided on the stock at the current market price of USD 2.81 as of July 27, 2023, at 08:18 AM PDT. 

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is July 27, 2023, at 08:18 AM PDT. 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. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Technical Indicators Defined: -

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.