Okta LONGHi i will be posting more ideas on crypto and stocks so follow, like, comment whatever you like :)
This idea is for #okta
Im longing from here, DCA (Dollar cost average) if you can get in near the orange line even better.
If it goes lower DCA more and hold for long term (I swing trade but this stock is good to hold mid/long term)
One of the stocks fool also recommends for long term.
Entry $220 or now if you dont want to wait (downside potential at current price)
Better Entry to DCA if it hits that price based on weekly timeframe =$180-200 however $210 has shown to be good support
Keep in mind this is a tech stock so use caution because rotations are happening is tech sector has been correcting.
Targets: $245, $290, 330
Long Term Target = +$400
OKTA is being used by plenty of employers and with covid this company became useful for employers and employees! Great tech overall.