Parm

Splunk Inc (NASDAQ:SPLK) Will Be Sunk At This Level

NASDAQ:SPLK   SPLUNK INC
65 1 0
Today shares of software maker Splunk Inc             (NASDAQ:SPLK) are soaring by around 20% as the company came out with earnings and guidance that the street is loving. The stock had a gap up higher and has basically gone up all day with minor pullbacks, which are probably points where traders and investors are taking profits. As a pro trader who makes a living from day trading and swing trading by utilizing charts, I see an extremely interesting level where money can be made on the short side. I have isolated $56.45 area as stiff resistance for Splunk Inc             (NASDAQ:SPLK) to stall out. This level has been singled out using proprietary techniques and will be where I step up to short this high flyer.

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Parm Mann
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darconada
3 months ago
Finally seems It broke the resistence.
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