"Because of the rise of remote working, cyberattacks have grown exponentially in recent months, with the FBI reporting a 400% increase in complaints in April versus March, as attackers hope to expose weaknesses in an organization's business continuity strategy" Fundamental difference between some of the biggest cyber-security companies: CrowdStrike's (CRWD)...
$OKTA Support Breakdown Big down day today on strong volume breaking through support at $205 as well as at the 20d ema around $204. Expecting some kind of bounce back tomorrow. Watching for rejection around $204-$205 followed by further declines near term. Near term target: $180-$190 range
On a minute chart, there was a buy trade for 266,069 shares; creating the biggest volume spike in this ETF's short history. (check volume candles on chart). As we see the volume spike on a specific minute (10:48am ET), we can assume the trade was made by probably 1 institution/person. This means this individual created a position of 5 million dollars with a...
OKTA has been one of the hottest momentum plays in the market over the past two months. We almost saw a trendline break to kick off this week. But the stock recovered on strong trade. Thursday will bring a new critical test.
We continue to make higher highs and higher lows inside the bullish channel (ER run up). Expect a small pullback to the 14EMA/PivotPoint at 187.77. Long Wick rejections of this level will give us a good long entry setup with a price target of 199.96. Options Trade: 5/29 200c after confirmation of bullish continuation
$OKTA look at this insane parabola. shorting it pre-ER nuff said
Software companies have really enjoyed the rally year-to-date. Fortinet shocked the market with a triple play in earnings, which resulted in a jump to start the "All-time-high Run" TWLO, SHOP, OKTA, TTD are some examples of stocks with very similar moves, indicating oversold territory in the RSI can stay oversold for longer than you might expect. Also, the ...
#OKTA is very close to the top. It may struggle to break out. Watch for both #rsi and #volume
Okta had a nice bullish engulfing candle close Friday late. I believe this is a bounce into resistance and is currently in distribution. Potential next moves laid out in Wyckoff schematic. Short position here and looking for price to move below 200 MA. Bloody Monday.
OKTA Put Spread Jan 17 Exp Spread is 115/110, 2.05 Cost, Max gain is $100, max loss is the same if it moves higher to 122, it looks to be moving into a deeper correction into support with ER being mediocre. $3.05 exit price. Delta risk is (0.45) Low odds by delta but it looks like a good trade.
I believe this one will fall a bit more but correct itself in the long term
Technical Analysis: CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019. The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish. 10sma is short-term support - $29.3 All time highs is short-term resistance...
The RSI is at the important resistance and the price has touched upper trend line four times Looking for short action.
another overvalued tech company had a crazy year - ready to rollover
As the market uncertainty is growing, and with the Fed meeting tomorrow Wednesday September 18th. Investors rotated out of growth, to value stocks. But paying about $100 for OKTA shares might be an excellent option, with a RRR of 5:1.
simple and reliable analysis, for more information, refer to our upgrade on Shopify to Strong Buy $19