ev3nout

OKTA Short

Short
ev3nout Updated   
NASDAQ:OKTA   Okta, Inc.
OKTA - Bullish bat formation but not before an extreme correction of the December 19, 2017 bull run.

Expecting it to bottom out at $29.19 around November 20, 2018.

If it breaks $58.8 the next seven (7) trading days, this entire analysis is shelved.

Just got into trading - please comment and provide any feedback for my assessment.

Thanks - happy trading!



Comment:
The bull run from April 30, 2018 to June 7, 2018 looks heavily manipulated.

After the earnings call on June 6, 2018 - the market makers were dumping as people bought in.
Comment:
Keep an eye out for the ~$48.27 resistance. If it breaks that, it's going down.
Comment:
Still in play. The VFI is still on a downtrend.
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.