TEAM maybe reaching a local bottomlooks oversold in the immediate term, if close below $206 invalidate bounce and downtrend continues. More likely to trade sideway and up to relieved the oversold condition. Bullish on short term bounce.
TEAMD trade ideas
TEAM: Potential BuyPrice fell after the earnings and seems to be rejecting the key level around fib61 and Ichimoku cloud. It is possible that price will retest $200 mark before continuing upwards in the longer term ascending channel. We'll see. Analyst targets at $260-$265 and $300.
TEAM Atlassian Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TEAM Atlassian Corporation prior to the earnings report this week,
I would consider purchasing the 237.50 usd strike price Puts with
an expiration date of 2024-2-2,
for a premium of approximately $5.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TEAM technical analysisI think TEAM is trading in this channel and will hit either $215 or $240 in the near future. Otherwise it may just fall back to $170 area where there has been buyers
TEAM: Potential $270 Target with $190-$200 SupportPotential for Atlassian stock to reach $270 by the end of this quarter if the price maintains support between $190 and $200.
TEAMGrabbed puts at the 9 ema anticipating a green to red reversal today that will break the 50 sma & uptrend line. We'll see.
Atlassian: The hunt for the annual high 🏹We now locate the TEAM stock in the blue substructure of the superior pink wave (Y). Here, within the blue wave (b), a new annual high should be ahead for now before it then comes to a reversal around $225 and an apparent descent sets in. Should the rise continue what we consider 33% likely, our alternative scenario would activate, and the stock would go significantly higher.
$TEAM: Strong at 200Following an AMEX:ARKK selloff and strength TEAM has exhibited since earnings and now at 200 tells me there's a chance for continued momentum.
TEAM ,,, Watching The last low wasn't below the previous one and it can be a good sign for entry to new uptrend.
Passing of 189 or 190 and a good confirmation can be a good trigger for entry to buying position.
Team can start upmove.Team has given the breakout of larger trendline and again closer to breakout from small trendline. I will wait for weekly close today to get more confirmation.
$TEAM - Looking good!NASDAQ:TEAM #TEAM Looking good. If the price can break above $147, it can reach to $164 near term. Upside targets - $164, $172, $180. Downside risk is $130.
Not financial advice. Like, retweet and follow, if you find it useful.
Bear Flag on TEAMThis stock looks like its showing a bear flag
Wait until 168 for a short entry, if it gets there again. Expect significant downside after that
teamNASDAQ:TEAM
Hello Traders,
welcome to this free technical analysis .
Team short until 29 march 2023
On the daily timeframe I am now just waiting for a clear break 142.25 and retest of the previous support zone which would then be turned resistance before I then do expect a next short term impulse towards the downside.
$TEAM with a bullish outlook following its earnings #Stocks The PEAD projected a bullish outlook for $TEAM after a Negative over reaction following its earnings release placing the stock in drift C.
TEAM - Maybe this time is different?TEAM, weekly candle is a shooting star. If confirmed next week, then this is my ideal path until invalidated. Zig-zag with a very similar wave (4) pattern likely repeating... will the next leg be different or continue to rhyme? Candles will be key. GLTA!
$TEAM: Long setupNice chart here, continuation of the recent advance after coiling following the recent quarterly report.
Best of luck!
Cheers,
Ivan Labrie.
$TEAM - Long Idea$TEAM
This ticker popped up on my screener set based on strength.
As long this is trading outside/ above the range, I am targeting $190 as an initial target.
I am keeping the stop loss tight below the 157.73 pivot high zone.
Pull Back FishingPrice is over the top line of a descending triangle.
A marubozu candle today shaven at both ends at this time
No recommendation
$TEAM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TEAM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
Price is below a Below a Descending TriangleTriangles are still just triangles be it a Descending, Ascending or a Symmetrical triangle.
Neutral until broken.
All 3 triangles are neutral and can break either way like flags and pennants.
In reality, I guess structures/patterns can morph and can do what folks jump in to trade it in bulk. Then the triangle breaks.
We learn from each other here, or at least I do.
The most recent bottom is 113.86. I like this stock but I do not think this company headquarters is in the US which equals 0 dividend.
I like GLOB which is on same boat as TEAM lacking a dividend since it is not based in this country.
I am watching TEAM and this may not be the bottom. Sometimes I have no clues and the market has been a bit dizzy.
This may make a lower bottom/earnings miss and no dividend, or not at least for USA investors since it is not based in this country meaning no dividend in this country as a rule.
No recommendation.
Short interest is around 2.56%
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its products include Jira Software and Jira Work Management, a workflow management system for teams to plan, track, collaborate, and manage work, and projects; Jira Service Management, a service desk product for creating and managing service experiences for various service team providers, including IT, legal, and HR teams; Jira Align for enterprise organizations to build and manage a master plan that maps strategic projects to the various work streams required to deliver them; and Opsgenie, an incident management tool that enables IT teams to plan for and respond to service disruptions. The company also provides Confluence, a social and flexible content collaboration platform used to create, share, organize, and discuss projects; and Trello, a collaboration and organization product that captures and adds structure to fluid, fast-forming work for teams. In addition, it offers Bitbucket, a code management and collaboration product for teams using distributed version control systems; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product used, including Jira, Jira Service Management, Confluence, Trello, and Bitbucket; and various other products, such as Atlassian cloud apps, Bamboo, Crowd, Crucible, Fisheye, Halp, Sourcetree, and Statuspage. Atlassian Corporation was founded in 2002 and is headquartered in Sydney, Australia.
Atlassian has never been cheaper by P/SJira and Confluence collaboration software company Atlassian has never been cheaper measured by it's P/S metric. Share price is currently 75% down to it's all-time-high.
Atlassian Down Almost 30% In The After HoursAtlassian is the next high flying company to be belted in the after hours after missing Wall Street's revenue and earnings projections.
Holders are going to wake up grumpy :)
Could be one to watch in the oversold space. Lets see if it recovers.
