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OKTA Falling Wedge and Losses Exceeding ExpectationsOKTA is bearish from both fundamental and technical perspectives. The falling wedge has a price target of $140 before a bounce and the company said billings rose 91% to $603 million vs. estimates of $497 million. Since the earnings are negative, 266Mil in 2021 and the Market Cap is high, 28.418Bil, OKTA is still a growth stock from which investors have high expectations. When investors see weaker forecasts or expenses increase, on rising interest rates, they are tempted to sell. In this case, my price target is the $140 support. Looking forward to read your opinion about it.
NASDAQ:OKTAShort
by TopgOptions
3
Trade of The Week | Classic Trend Line Breakout Trade 🔥🔥🔥 Hey traders, This week we caught a great long trade on Gold. As you remember we were patiently monitoring the reaction of the price to a major falling trend line on a daily. Being broken to the upside, we were looking for buying opportunities on its retest. Our confirmation was a breakout of a neckline of an ascending triangle formation on hourly time frame. The price reached 1900 level bringing us a nice profit! ❤️Please, support this idea with like and comment!❤️
OANDA:XAUUSDLong
by VasilyTrader
18
MITC the next Beyond Meat ???Dec. 7, 2021 Sharon Fima, CEO and CTO, MeaTech3D: “Today’s breakthrough is the culmination of over one year’s efforts in our cellular biology and high-throughput tissue engineering processes, as well as our precision bioprinting technology. By bioprinting a 3.67 oz steak comprised of living tissue, we believe we have both validated our core technologies and placed ourselves at the forefront of the race to develop high-end, real cell-based cultivated premium meat products.” I think MeaTech3D has the potential to rival BYND at some point. 52 Week Range 4.81 - 11.79 Market Cap of only 84.347M
MLong
by TopgOptions