dpuleo19

Bouble bottom confirmed! $IOT

Long
dpuleo19 Updated   
NYSE:IOT   Samsara Inc.
After a double-bottom, the stock price pulled back to support and now is breaking out and getting near its IPO price.

The OBV is already above its IPO levels and the MACD keeps trending higher.

Also, XLK is the leading sector, this should help IOT price action.

I entered 1/3 of the position as the market still needs more work to get aggressive.

Samsara provides an end-to-end solution that allows businesses that depend on physical operations to harness IoT data.

Comment:
So far behaving better than expected!

I may buy another 1/3 on a breakout above $22.54 and place the stop at my previous buy.

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