Docebo's 15min chart triggers KDJ Golden Cross, bullish Marubozu indicator appears.

Docebo's 15-minute chart has triggered a KDJ Golden Cross and a Bullish Marubozu, indicating a shift in momentum towards the upside with a potential for further price increases. The dominance of buyers suggests that they are in control of the market, and the bullish momentum is likely to persist.

Edflex, a leading provider of corporate digital training solutions, has raised $18 million in its third funding round. The investment was led by Bpifrance via its Digital Venture fund, with contributions from historical investors Educapital, Ternel, and Wille Finance Edflex Raises $18m to Accelerate Innovation and Become a Global Leader in Digital Learning^[1].

The funding will be used to bolster Edflex's AI capabilities, strengthen its content curation model, and accelerate international growth. The company has already achieved profitability in its core markets and aims to become a global leader in digital learning Edflex Raises $18m to Accelerate Innovation and Become a Global Leader in Digital Learning^[1].

Edflex's innovative approach includes integrating AI for conversational learning features, real-life simulations, and personalized learning paths. The company also plans to develop new learning formats that integrate directly into everyday applications, adapting to real-time business situations Edflex Raises $18m to Accelerate Innovation and Become a Global Leader in Digital Learning^[1].

The funding will support Edflex's international expansion, following its acquisition in Italy in 2024 and the opening of a North American office in 2025. The company aims to localize its solution for different markets, hire local teams, and form strategic alliances to enhance its global reach Edflex Raises $18m to Accelerate Innovation and Become a Global Leader in Digital Learning^[1].

Docebo's Bullish Momentum

Separately, TD Cowen has reiterated its Buy recommendation for Docebo (NasdaqGS:DCBO), with a price forecast suggesting an 8.11% upside. The projected annual revenue for Docebo is $259 million, with an average one-year price target of $29.69 per share TD Cowen Reiterates Docebo (DCBO) Buy Recommendation^[2].

The analyst's report highlights a bullish sentiment, with a decreasing number of funds holding positions in Docebo. The put/call ratio of 0.86 indicates a strong buyer dominance, suggesting that the bullish momentum is likely to persist TD Cowen Reiterates Docebo (DCBO) Buy Recommendation^[2].

References

Edflex Raises $18m to Accelerate Innovation and Become a Global Leader in Digital Learning^[1] https://www.morningstar.com/news/accesswire/1079614msn/edflex-raises-18m-to-accelerate-innovation-and-become-a-global-leader-in-digital-learning
TD Cowen Reiterates Docebo (DCBO) Buy Recommendation^[2] https://www.nasdaq.com/articles/td-cowen-reiterates-docebo-dcbo-buy-recommendation