Okta ( 
OKTA ) is trading inside a descending broadening wedge and starting to form a base from which it could launch.
However, there is a risk that breaking below the current support level could be disastrous for the stock. Knowing that risk, would you bet on it?
This earnings report (ER) is going to be a make-or-break event for the stock.
Targets are shown in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
OKTA ) is trading inside a descending broadening wedge and starting to form a base from which it could launch.However, there is a risk that breaking below the current support level could be disastrous for the stock. Knowing that risk, would you bet on it?
This earnings report (ER) is going to be a make-or-break event for the stock.
Targets are shown in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.