+15% Sumo LogicSumo Logic, Inc. is a cloud-based machine data analytics company focusing on security, operations and BI usecases. It provides log management and analytics services that use machine-generated big data. Sumo Logic was founded in April 2010 by ArcSight veterans Kumar Saurabh and Christian Beedgen, and is headquartered in Redwood City, California.
On September 17, 2020 Sumo Logic debuted on the NASDAQ stock exchange in its initial public offering as a public company. Sumo Logic's service is powered by patent-pending Elastic Log Processing, LogReduce, and Push Analytics technologies.
SUMO
SUMO - Double Top 🐪-Expecting a slight drop in price before rising back and breaking the R1 resistance level.
SUMO - Needs to touch the support-In order to see healthy support, SUMO needs to drop to $17.
-Our Long-Term target is $26.
SUMO READY FOR SOME PROFITHello there,
SUMO Is Above the support line and I can see a wave in the upcoming days to the green line with +40% possible profit.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
SUMO - Repeating Patterns!We have formed a pattern that previously was formed which brought a major rise in SUMO's price. Are you ready for the rise?
Buy the dipI believe the correction has ended. Around 20 seems like a nice price to pick up the stock.
SUMO LOGIC: One way or the other, it is going UP!Sumo Logic is a cloud-based machine data analytics company focusing on security, operations and BI usecases. It provides log management and analytics services that leverage machine-generated big data to deliver real-time IT insights. Revenues rose 22% while gross margin expanded seven points. Short-term selloff shouldn't worry value and growth investors as this company's future is bright!
The journey of a Sumo 💪Special request by: @talentadvisormadhan
$Sumo hit the golden zone perfectly, and our proprietary indicator is calling out a very powerful buy signal here.
Consider this the start of a wave 3 impulse.
Wave 3 target: $72
Wave 4 target: $54
Wave 5 target: $90
SUMO LOGIC - Launching the rocket🔴🚀-Sumo Logic is a cloud-based machine data analytics company focusing on security, operations, and BI usecases. As we all know Interned Of Things sector has a bright future and Sumo Logic is a big player in this industry. Recently collaborated with Amazon, Sumo Logic stands strong and bullish at this point.
-Increase in ROE (2019-2020): 59.68%.
-Entry Point: In our opinion, the current Market Price is a good entry point.
Sumo Logic - Trend LineSumo Logic is a cloud-based machine data analytics company focusing on security, operations and BI usecases. It provides log management and analytics services that leverage machine-generated big data to deliver real-time IT insights. Recently adding Amazon to their customer's list, Sumo Logic takes a long-term buy position in our portfolio. In our opinion, Sumo has two ways to go at this point: Touch the resistance line and drop to the support, or go all the way back to support and then jump back. Either way if you haven't invested in Sumo Logic yet, wait for it to get closer to its support line and make a purchase then! Good Luck and Stay Safe!
$SUMO Lazy Elliott ForecastDisclaimer: I only used pure technical analysis for this trade, follow at your own discretion.
-Forecast suggests that this stock is poised for a breakout (ATH breakout candidate) after a bounce around the 50% area of the Lazy Fib (W2)
-W3 projection suggests that it might hit a new future ATH until 70
