Analysis Summary For CIMPRESS (CMPR)
Analysis Date: August 25th, 2023
Time Target: December 24th, 2023 (+/- 5 trading days)
Price Target: $80 (+/- $3)
Projected Move: 70% drop by January, 2025 (~13 months)
Our work shows that CMPR will experience about 70% drop between December of 2023 and January of 2025.
Trading Recommendation:
A short position should be put around $80 (+/- $3) where we expect a long-term top on or near December 24th, 2023. A stop loss should be placed at $90. If CMPR surges higher than $90, the overall forecast will fail. About 70% drop should follow within 13 months into January of 2025.
There are going to be more exact time and price projections for the bottom as we approach January of 2025.
