OKTA Triple TopOKTA has formed a triple topping pattern, which is a big sign for a breakdown. I expect this to break 193 support and head lower to the next level of support at $175 range. It has also already tested this support level 6 times, with each test weakening the supply.Shortby BBTrader29Published 444
OKTAOKTA needs to clear $230. Showing some RSI divergence but it is consolidating after a nice run from Marchby mggagniPublished 0
$OKTA Potential Long Above $209 As earnings approach we may get a rally into the Aug 27th print. Potential level of resistance now on the weekly which we clear above $208 Upside target $215 by RedHotStocksPublished 4
OKTA - Protect Yo IdentityOkta has been on a tear since the March lows and has finally started to pull back like the rest of the tech sector. The real question is, can it sustain this rally? I would expect a pullback to at least around $175.00 at the minimum. There is clearly RSI and MACD Divergence. Maybe a good short opportunity if it breaks the $196.00 level. As always, I am not a financial advisor and this is not financial advise. Do your own research and formulate your own theories. Good Luck! by ChrisPtaco_32Published 5
OKTA is very technical these days - will the rise continue?These patterns have worked so far nicely. I would switch to lower time-frames for timing the entry and boosting my risk to reward. However the setup could take a while. I will keep an eye on it. Trade with care! - chartingfeedLongby chartingfeed-dhPublished 4
$OKTA Support Breakdown$OKTA Support Breakdown Big down day today on strong volume breaking through support at $205 as well as at the 20d ema around $204. Expecting some kind of bounce back tomorrow. Watching for rejection around $204-$205 followed by further declines near term. Near term target: $180-$190 rangeShortby Triple_Barrel_CapitalPublished 7
$OKTA - C&H breakout - Potential target $234$OKTA has been showing nice strength since cup and handle breakout. Potential target is $233. Stop loss can be placed at the recent breakout area $204.Longby one-nilPublished 2
Long over 200 Short under it. Large rev growth, declining RPOOkta announced the pricing of $1.0 bln aggregate principal amount of Convertible Senior Notes due 2026 (180.07) The notes will be senior, unsecured obligations of Okta. The notes will bear interest at a rate of 0.375% per year. Interest will be payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2020. The notes will mature on June 15, 2026, unless earlier redeemed, repurchased, or converted. Okta (OKTA) assumed with a Hold at Canaccord Genuity Okta target lowered to $205 at BMO Capital Markets (183.92) BMO Capital Markets lowers their OKTA tgt to $205 from $210 Okta beats by $0.10, beats on revs; guides Q2 EPS above consensus, revs in-line; guides FY21 EPS above consensus, revs in-line (183.92 +4.50) Reports Q1 (Apr) loss of $0.07 per share, excluding non-recurring items, $0.10 better than the S&P Capital IQ Consensus of ($0.17); revenues rose 46.0% year/year to $182.86 mln vs the $171.57 mln S&P Capital IQ Consensus. Co issues guidance for Q2, sees EPS of ($0.02)-($0.01), excluding non-recurring items, vs. ($0.09) S&P Capital IQ Consensus; sees Q2 revs of $185-187 mln vs. $184.74 mln S&P Capital IQ Consensus. Co issues guidance for FY21, sees EPS of ($0.23)-($0.18), excluding non-recurring items, vs. ($0.32) S&P Capital IQ Consensus; sees FY21 revs of $770-780 mln vs. $772.26 mln S&P Capital IQ Consensus. "We are pleased with our continued execution and strong first quarter results," said Bill Losch, Chief Financial Officer of Okta. "Looking ahead, our strong first quarter revenue performance and highly recurring business model give us confidence in reiterating our fiscal year 2021 revenue outlook. In addition, we are improving our operating loss and loss per share outlook for the fiscal year. While we believe it's prudent to continue to expect some near-term business headwinds as the economic impacts from the pandemic further unfold, we remain highly confident in our long-term success as the leader in the massive identity and access management market."Shortby SwingingForwardPublished 4
OKTA forming a H&SOKTA might be overvalued and forming an H&S Disclaimer: This is not an advice to buy or sell!!Shortby ehaarjeeUpdated 3
BUY to OKTA at market openning Hey traders, OKTA been on a bullish trend support, refusal of sellers sa should decline to go up, breaking the linen trend from above and stabilization zone. See even the second if there is anguish. Please LIKE & FOLLOW, thank you!Shortby stephanelibatdPublished 7
OktaThis stock loos very strong in the mist of this market sale off. Keep an eye on this one. Most likely it will pop to the upside soon. Target $200.Longby SwingTtraderPublished 6
OKTA - Bullish DivergenceLooks to be forming a Pin Bar today with possible Bullish Divergence. Long @ 179 now (or wait to long next day once Pin Bar is confirmed) with initial STOP just below today's low @ 173. Looking at potential move to retest recent high of 205. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Longby JuliacPublished 6
Found its support so buy calls for longbuy long calls or you'll regret not buying themLongby chyngyzzPublished 2
OKTA - opportunity to stakeOKTA is forming a pin bar on the 4 hourly with potential bullish divergence. Long @ 185 with initial stop just below today's candle low @ 177.5 for short term upside to the recent hi @ 205 (initial target). Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.Longby JuliacPublished 6
This Setup has More Than 2 Factors!What I see... :: Those who continue to work remotely will know this company as they provide the 2-factor authentication services to major corporations + Prices fell below 10ma right before earings + Post earnings, the prices bounced back strong to close near all-time high on very high volume + RSI is pointing upward + MACD is about to cut upward as well - RSI look to step into overbought territory - MACD is still technically under the signal line - Round numbe resistance at $200 What I setup... + Long entry into all-time high - Sto pat under Friday's low + Target at 1.618Fib :: Duration - 5 to 10 sessions ** Likes and Comments are appreciated; New Subscribers are cool! **Longby ShakeShakeLegUpdated 2