OKTA has a double top in the 30min, and an RSI divergence as well. This indicate weakness, but it is true that OKTA can do something pretty nice, especially if it drops again to the 20ma.
Things could go wrong if it loses the 20ma in the 4h chart. But OKTA ia almost breaking the pivot at 231.81, and this will make it close the gap at 245.
We see no RSI confirmation, but at least, no divergence too. This makes OKTA interesting, but let’s be careful, because it can drop in the 30min chart!
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I was going to go long on this, this morning but it had already jumped up quite a bit. What are your thoughts on a good entry for this stock? Thanks in advance :)
UnknownUnicorn21312077
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@Teddyruxpin11, The 233 is a good point. Maybe it'll bounce back down there in he next days!
Teddyruxpin11
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@Melissa_Amana, awesome, thanks!
kingindia
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Good to go long now on okta ?
UnknownUnicorn21312077
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@kingindia, Yes, it is back to the entry point! GL, mate! ;)