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HashiCorp quietly triggering a long signal

370
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
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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.
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After a fake-out ahead of earnings, the long trade is still active after a +10% post earnings move
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$NASDAQ: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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WebBegole
Subscribe to our indicators at marketwebs.com

MarketWebs LLC is owned and operated by Web Begole, CMT @WebBegole X/@web_begole and Christian Fromhertz X/@cfromhertz @ChristianFromhertz
Also on:

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.