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ShakeShakeLeg
May 9, 2020 10:28 PM

Alteryx Software Company - Long Long

Description

What I see...
+ Very strong vol. esp. via the weekly chart
+ Despite earning released last week, price was held up by both 10 and 50 EMA
+ 10MA is about to cross up over 200MA
+ RSI is at 62
+ MacD appears to be bouncing off of signal line
+ Strong close on Friday

- All-time high at $160; may become next resistance
- 50MA is still under both 10 and 200MA
- Thursday's sell-off, post earnings, was of very high vol.

What I setup...
  • Long entry above Friday' high
  • Target at $160
  • Stop at Friday's low



Trade active

Long entry triggered
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