Short

OKTA Short

Updated

- Bullish bat formation but not before an extreme correction of the December 19, 2017 bull run.

Expecting it to bottom out at $29.19 around November 20, 2018.

If it breaks $58.8 the next seven (7) trading days, this entire analysis is shelved.

Just got into trading - please comment and provide any feedback for my assessment.

Thanks - happy trading!

Note

The bull run from April 30, 2018 to June 7, 2018 looks heavily manipulated.

After the earnings call on June 6, 2018 - the market makers were dumping as people bought in.

Note

Keep an eye out for the ~$48.27 resistance. If it breaks that, it's going down.

Note

Still in play. The VFI is still on a downtrend.

ev3nout

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