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BBTrader29
Jun 19, 2019 8:56 PM

OKTA Long

Okta, Inc.NASDAQ

Description

OKTA has set up a nice flag pattern. On this 2 hr chart it is within flag range, but on the daily its looking like it will breakout by tomorrow or the day after. Decided to enter a tad early as the cloud sector as a whole looks bullish and this ticker has the stronger setup within the sector. Looking for a quick move up of 4-5% which can happen within a day or two in this sector. At the 137-138 level it may be looking a little overextended so looking to take profits at this level.
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