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Bouble bottom confirmed! $IOT
Samsara Inc.
Long
Bouble bottom confirmed! $IOT
By dpuleo19
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Updated
Apr 21, 2023
3
1
1
Apr 17, 2023
After a double-bottom, the stock price pulled back to support and now is breaking out and getting near its IPO price.
The OBV is already above its IPO levels and the MACD keeps trending higher.
Also,
XLK
is the leading sector, this should help
IOT
price action.
I entered 1/3 of the position as the market still needs more work to get aggressive.
Samsara provides an end-to-end solution that allows businesses that depend on physical operations to harness IoT data.
Apr 21, 2023
Note
So far behaving better than expected!
I may buy another 1/3 on a breakout above $22.54 and place the stop at my previous buy.
breakout
Chart Patterns
Technical Indicators
IOT
technology
Trend Analysis
XLK
dpuleo19
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