This is up quite a bit on the upside from C which is where ideally a stop would be placed. You may see a another support level. Earnings are 4-28 and this company does not have history of missing. I have noted this can pull back like a LULU, so be safe of long entry Red Candle today seems to beginning down prior green candle from yesterday and if it gets half...
Atlassian Corporation Plc ( NASDAQ:TEAM ) Sector: Technology Services (Packaged Software) Market Capitalization: 80.671B Current Price: $319.17 Breakout price: $326.80 Buy Zone (Top/Bottom Range): $302.25-$268.75 Price Target: $365.00-$372.00 (1st), $424.00-$429.00 (2nd) Estimated Duration to Target: 51-55d (1st), 123-130d (2nd) Contract of Interest: $TEAM...
Most people look at short % float to look for potential short squeezes. I look at them to identify potential good shorts on companies that are not doing great. Generally speaking heavily shorted stocks will go down in time (even tho they might experience squeezes from time to time). Also from a technical standpoint TEAM is trading below both 200 and 50 MA and it...
Viewing the monthly log scale chart for $TEAM, it is evident that this software company has been riding a robust bullish channel since establishing a successful C&H near its IPO in 2016. With solid leadership, accelerating margins, and an impressive EPS estimate beat track record, Atlassian appears to be an excellent pick for the long-term.
TEAM prepping for a breakout after ER gap consolidation
pinned around 420-435 for a while, looks really nice for a leg up. When she runs, she really runs.
Started position in TEAM this morning after it undercut & reclaimed its PEG low yesterday. Very small, 30bps risk. Will increase position size if the stock reclaims its PEG day anchored VWAP and again if it clears its inside pivot around $462.50. Stop loss is below yesterday's undercut low.
Nice flag after ER numbers. Waiting for a breakout to enter.
Looking at the trend of earnings run, this ticker is deemed to sell off. p.s this is my first attempt to publishing
ROKU 4H I Our scanners picked up an interesting trade before market close on Friday. ROKU $325c 11/12, it was a $500K trade. Setting an alert on a break from the trend. SQ 4H I There is a mini gap to fill from $252.75 to $255.50. Our OS ALGO picked up bullish activity on SQ $250c 10/22 @ 3.85 before market close on Friday. TEAM 2H I Possible ascending triangle...
Obviously 10% in the last few weeks and the huge gap up on earnings is already a lot. Geometry is telling me this one has not run out of steam yet still looking to scalp something out of this one.
Could TEAM still have a lot further to run after some recent relative strength against the tech sector and huge earnings gap? If XLK continues it's accent, 400 definitely seems in the cards!
NASDAQ:TEAM Great fundamental + technical. 4 Years continuous uptrend. Consider adding near trend support.
Consolidation could be broken higher with minimum target in the region of 326.
Atlassian is a software company that produces services for management and collaboration within the working groups. A hot topic today, considering that many companies have decided, first for the covid and now because they have realized that work goes on even faster, to make work their staff remotely or from home and without time or office constraints. This is...
Detailed set up. getting tired, arrows are tp's. 1 take 1/2 stop to break even