WebBegole

HashiCorp quietly triggering a long signal

Long
WebBegole Updated   
NASDAQ:HCP   HashiCorp, Inc.
HashiCorp (makers of Terraform, a powerful way to manage and move cloud infrastructure) is moving into bullish territory at the end of this week and potentially looks to trigger the Bullish 80% Rule for the year as a result. I
Trade active:
Officially in the 80% rule now for the year, and pulling back a bit. Earnings coming up and I think that Terraform is going to be "on the radar" more than it has been in the past especially given the VMware/Broadcom shakeup. Continuing to sit long this name.
Trade active:
After a fake-out ahead of earnings, the long trade is still active after a +10% post earnings move
Trade active:
HCP : HashiCorp mulls possible sale, Bloomberg reports
HashiCorp has been mulling options including a potential sale, Bloomberg's Ryan Gould, Katie Roof, and Dinesh Nair report, citing people with knowledge of the matter. The company has been working with a financial adviser…

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