Long

Splunk Inc

Updated
Splunk Inc- It has formed Falling Wedge Pattern on the weekly view. Also it has taken Support from s2 . Wait for Breakout to enter into the trade. If it breaks down the trend line then it will go until S3.
Disc- Only for Learning Purpose not a trading recommendation
Trade active
Its Time for entry. It has strong support at 69.33. First target will be 105 which is Support1. If it breaks support 2 then it may fall upto 33.21.
Note
77 to 85
Note
93- Restest done. Chances are there to go high
Trade closed: target reached
Target reached
Chart PatternssplunkWedge

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