SPLUNK INC

NASDAQ

SPLK

is $300 NEXT ?

Splunk Inc Nasdaq (SPLK) Posible Ascending Triangle Formation ONLY FOR CLASS EXAMINATION

However $TEAM has a similar reaction on their earnings so lets see how this winds up over the next 3 weeks. As always, when investing in options, we only willing to invest what can potentially be lost!

Building the right side.. buy point near $141. This is an earnings play, due Thurs After close.

For Class Exam

algo connoisseur

SPLK is moving higher

Zooming out we had a long uptrend. It's time to cool down now. Ichimoku signals are weak so a risky trade for a better entry. 1. Price touched top of the uptrending channel. Seeing small candle bodies with both top and bottom shadows is an indication of the pump losing steam in regards to heikin ashi. 2. Already a rejection of the supply zone above the...

SPLK weekly head and shoulders target 85

SPLK weekly head and shoulders target 85

Bearish candle today on $splk forming right at resistance despite $AMZN pulling huge weight today.

Fundamentals 117.45. NO DIVIDEND Based in San Francisco, CA Full time Employees: 3,200 Provides software solutions that enable organizations to gain real time operational intelligence in the U.S. and internationally. Splunk Enterprise Security addresses security threats and information. Splunk User Behavior Analytics detects cyber-attacks and insider threats. ...

Look at the volume at earnings day on 24 August 2018. 11 million(average daily volume is 2million) at median price $119, low was $115 which is current price... Zoom into 30 minutes chart during the earnings day and you will see the low $115 happened for only the first 30 minutes... and the 6 hours were at $119 plus for that day. This means it was severely skewed...

I love how a single earnings can make a bearish looking chart/stock turn around ASAP. It was starting to look bearish for #Splunk with multiple rejections off the 200MA. Though the marketcap and market opportunity from my analysis made me bullish on the security (longterm). At times holding a technology/fundamental play can get tough, but i felt pretty disciplined...

Fib charts

SPLK Short using the Murdrae indicator. The murdrae indicator has given a sell signal along with a bear trend (white background)

Lost the high on the daily, targets below

Inverse head and shoulders pattern forming off of the 200 day moving average. This stock may be ready to move up again soon.