Shares of Splunk were up 21.3% as of 1:10 p.m ET Thursday after the data analytics and observability specialist agreed to be acquired by Cisco Systems More specifically, on Thursday morning Splunk announced it has entered into a definitive agreement under which Cisco will acquire the company for $157 per share in cash a roughly 31% premium from Wednesday's...
If you haven`t sold SPLK here: Then analyzing the options chain and the chart patterns of SPLK Splunk prior to the earnings report this week, I would consider purchasing the 98usd strike price Puts with an expiration date of 2023-8-25, for a premium of approximately $4.40. If these options prove to be profitable prior to the earnings release, I would sell at...
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
Looking at the SPLK Splunk options chain, i would buy the $95 strike price Puts with 2022-9-2 expiration date for about $1.89 premium. Looking forward to read your opinion about it.
Splunk Inc., together with its subsidiaries, provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. The company offers Splunk Platform, a real-time data platform comprising collection, streaming, indexing, search, reporting, analysis, machine learning,...
A weekly close above this level could mean some upside. Maybe a Gap-Close or bouncing around in this Wedge. Possible Chart Patterns: bullish: Double Bottom (Target 248) bearish: Head-And_Shoulder (Target 90-95) Nevertheless, it is at the Neckline of a Head-And-Shoulders, so be cautious of a break out of this Wedge Also the near future depends on the Ukraine...
Splunk Inc. provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. The company offers Splunk Platform, a real-time data platform comprising collection, streaming, indexing, search, reporting, analysis, machine learning, alerting, monitoring, and data...
Splunk Inc. engages in the development and marketing of software solutions. The company's offerings enable users to collect, index, search, explore, monitor, and analyze data. Splunk is a Big Data manager with application specifically for machine data. SELL! Entry: 155.18 USD Target: 117.19 USD Stop: 179.17 USD
Splunk looks like it’s ready to run here. Formed an inverse head and shoulders pattern on the daily chart. MACD above 2.5 RSI above 50. 50MA about to cross over the 200MA Keep this on your watchlist. - Factor Four
Splunk Inc. is an American technology company based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated data via a Web-style interface. Interesting situation on this asset, with a good price movement on the weekly basis. Scenario that opens the possibility to different operations with an excellent...
Splunk (SPLK),W1: Support line + Breakout of resistance line + Volume + Sell off
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on May 4, 2021 with a closing price of...
Splunk Bullish Bat Harmonic - Education purposes only. Thoughts
Price is bouncing from a long term trendline that has been tested several times in the past Target price: 215 Expected Returns: 90%
Reversal Trade: The stock has hurt me in the past but when you trade with a rules based strategy you have to follow your process and not let emotions or past losers get in the way. Hopefully there wont be another earnings calamity Reward/Risk: 10/1 Entry: 153.14 or at a lower price Stop: 149.00 Target: 187.00 Options Play: April 16 160/165 Call Vertical
We’re adding SPLK to our portfolio this week as this Cloud Enterprise company produces software that searches, monitors and analyzes machine-generated big data. Look to establish Leaps on SPLK at current levels, exact trade details in Video Update. Wave Count Invalidation level at 142.
As you are no doubt aware, Splunk posted disappointing earning and is up against stiff competition in it’s primary revenue. However, this is a technical analysis to highlight a couple of point aon why I’m watching this stock. Look at the gap! When considering the data from November onwards, we see a huge gap up last month and a huge gap down just last...
Splunk, recently downgaded to a sell, shows a stiff resistance at the $223 level. Two days in a row, it had tried to break this level, and both times it was rejected and sent back down. Notice a couple of Dojis on the pattern on the uptrend, usually signaling a reversal, we then look for an area of value, which we now have. Support Levels at the 20MA, 50MA,...