AECOM (ACM: NYSE)

AECOM (ACM), a global construction company offering professional infrastructure consulting services, recently secured a significant role as Lead Designer for the Lone Star Constructors joint venture.

This venture has been chosen by the Texas Department of Transportation for the I-35 Northeast Expansion South Project in Bexar County, Texas. With a projected profit growth of 74% in the coming years, ACM appears well-positioned for a promising future, indicating potential increases in cash flow that could positively impact the stock’s valuation. A bullish outlook is maintained for ACM above $80.00-$81.00, targeting an upside potential of $112.00-$113.00.

Gitlab (GTLB: NASDAQ)

GitLab (GTLB), a B2B enterprise software company catering to software development firms, exhibited robust performance in Q3 2023. The company reported a remarkable 32% year-over-year revenue growth, reaching $149.7 million, with an adjusted net income of $14.4 million, or $0.09 per share.

GitLab experienced widespread adoption among both small and large clients, with increases in the number of customers generating various levels of annual recurring revenue (ARR). The guidance for the full fiscal year 2024 suggests an impressive growth rate of approximately 28% compared to the previous year. Positioned as a compelling hedge for investors interested in AI, GitLab retains a bullish outlook above $53.00-$54.00, targeting an upside potential of $88.00-$90.00.

The Sandbox (SANDUSDT)

An analysis of The Sandbox (SANDUSDT) suggests a correction phase, potential support levels, and upside targets, providing insights for market participants.

Correction Phase: SAND is believed to be in a correction phase, indicating a potential adjustment in its price.

Anticipated Move Higher: Following the correction, SAND could move higher to test the $0.5750 resistance level.

Potential Support Zone: A subsequent move down is anticipated, with potential support identified in the $0.4650 – $0.50 range.

Alt Run Scenario: A stabilization in BTC could trigger an alt run, potentially propelling SAND to $0.5750 – $0.62, followed by $0.678 – $0.715.

Maker (MKRUSDT)

A trade analysis for Maker (MKRUSDT) indicates a long position with key levels, including stop and take profit, based on the concept of flipping resistance into support.

Long Position: Initiating a long position on MKRUSDT.

Stop Level: The stop is set at $1,214, serving as a risk management measure.

Take Profit (TP): The take profit target is identified at $2,070.

Support-Resistance Flip: The trade is based on flipping resistance into support, with the mid-range becoming the new support level.

Targeting Range Highs: The concept is to target range highs as the price establishes new support levels.