shomikghosh2
Long

Splunk Earnings Gap Holding Fast

NASDAQ:SPLK   SPLUNK INC
29 0 0
Even as momos sold off like crazy, the strongest and best fundamental story of them all in my opinion, held its most recent earnings gap strong, and is now bouncing off this line with significant volume , the RSI is curling up from oversold conditions, i think you can try a long with a stop at 70, however, i also like waiting and seeing if it can recover the 100 ma soon, then get long as the fundamentals remain strong in this company and earnings should continue to be good
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