May. 13 at 9:46 PM
$PATH Just hear me out for a second on this one. Not FA, just my opinion.
$PATH is now sitting on what is basically a quadruple ATL zone. April 2025, twice in April 2026, and now again in May 2026. Since touching
$18 back in January, bearish pressure has relentlessly pushed this down to fresh lows, with the official overnight low hitting
$8.99. What stands out to me is that despite all the negativity, sellers have now failed multiple times to break and hold below this major support area. Repeated failed breakdowns at ATL levels can eventually exhaust sellers and completely shift sentiment once momentum turns.
At these prices, I genuinely struggle to understand the long-term risk/reward for anyone still aggressively shorting a company that has nearly
$1.7B cash, active buybacks, double-digit revenue growth, growing enterprise and government partnerships, and one of the clearest agentic AI/orchestration strategies in the sector. The market still seems to value
$PATH like a slowing legacy RPA company, while largely ignoring the fact they are evolving into an enterprise AI execution and orchestration layer around agentic systems.
Quarterly earnings are due in around 10 working days, and with institutions controlling the overwhelming majority of shares, sentiment can flip incredibly fast if
$PATH delivers stronger guidance or even slight growth reacceleration. After months of heavy downside pressure and bearish positioning, all it takes is one strong catalyst for shorts to start covering into momentum buyers chasing upside. That’s when moves can become violent very quickly, especially now with the stock trending heavily and attracting more retail attention again.
All being said, I personally believe the downside pressure starts slowing from here. The company is approaching sustained profitability, continues stacking positive catalysts, and now has a x4 ATL support zone holding. At some point, price and fundamentals eventually reconnect.
