DavideG
Short

SPLK - 50SMA Major Resistance

NASDAQ:SPLK   SPLUNK INC
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1
Expect previous 50SMA support to turn into resistance here. Notice how it bounced off that level 6 times between Jan 2013 and Mar 2014. OBV also nudged up against resistance. Targeting move down to $46.15.

6.18.14 - 12:44pm EST

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