SR618

OKTA - Breaking out all time new highs

Long
NASDAQ:OKTA   Okta, Inc.
Symbol OKTA
setup cup and handle
Upcoming Earnings Jun 05, 2019 (EST)
Horizontal S&R: yes $87
Channel S&R: yes rising trendline
>20 & 50MA S&R: yes bounced 50ma but never really closed below it
>200MA: yes clear up trend
Volume confirmation: no yes
Candle Confirmation: yes yes. gapped down on earning and finished strong
Stoch Divergence: yes turning up
Reg Trendline >85: n/a
Short Float: 6% low float
Entry 91.8
Stop 87.15
Price Target 101.1
Risk / Reward: 1:2

Zacks Rank: 3-Hold 3 Style Scores: F Value | B Growth | F Momentum | F VGM Industry Rank: Bottom 16% (214 out of 256) Industry: Internet - Software and Services

Any feedback is welcomed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.