OKTA had a great earnings report and is currently bull flagging on the daily...on the monthly chart we can see a bigger compression happening and the daily consolidation is happening at the top of the monthly resistance...
it has also successfully tested and closed above the 9/21 EMAs on the daily
a breakout can lead to a big move
alerts are set on the daily flag, for now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.