OKTA - Small Rise Before The Fall
Updated
OKTA - had a bad crash due to bad year-over-year earnings report despite crushing expectations.
Wave count suggests it was due, expanded flat setup, even with a good earnings report, very likely it would've rejected the 93.50 mark on the first attempt.
We're looking for a strong pullback followed by a lot more down-turn, towards the 1.272 expanded flat range of $60-$58 a share. VERY BULLISH AFTER THIS.
Wave count suggests it was due, expanded flat setup, even with a good earnings report, very likely it would've rejected the 93.50 mark on the first attempt.
We're looking for a strong pullback followed by a lot more down-turn, towards the 1.272 expanded flat range of $60-$58 a share. VERY BULLISH AFTER THIS.
Comment
It appears we didn't see the intense c wave we wanted. Looking for the stock price to proceed to the $62 price range before any significant pullbacks.
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