Bullishcharts
Long

Splunk trade setup

NASDAQ:SPLK   SPLUNK INC
Entry level $157.50 = Target price $168.00 = Stop loss $151.57
Trend break within the large trending channel.
Short interest = 5.37%
Average Recommendation:Buy Average Target Price $165.52
33 BUY
01 OVERWEIGHT
06 HOLD
01 SELL

Company profile
Splunk , Inc. engages in the development and marketing of software solutions. Its products include Splunk cloud, Splunk light, and Splunk enterprise. It also offers solutions for information technology operations, security, internet-of-things, application analytics, business analytics, and industries. The company was founded by Erik M. Swan, Michael J. Baum and Robin K. Das in October 2003 and is headquartered in San Francisco, CA.

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