OKTA trade ideas
buy only above 119.75 or sell below 113.25confused but chart speaks a lot
buy only above 119.75 or sell below 113.25
OKTA short setup with RSIThe RSI is at the important resistance and the price has touched upper trend line four times
Looking for short action.
OktaLooking bullish- closed above 107.65 which acted as resistance on daily. MACD trending bullish too. If it opens green has room to run
$OKTA Time to nibble on OKTA again. In reversal.It may be time to start nibbling at OKTA again after a horrendous few months for the stocks and indeed the entire sector.
The next resistance to the upside is at $115 and having regained the 200 MA should help.
Indicators have all reset and are in reversal mode.
The stock is well off the average analysts price target of $143.
Short interest remains high at 9.5%.
Company profile.
Okta, Inc. provides an enterprise-grade identity management services. Its products include single sign-on, multi factor authentication, API access management, API products and integration network services. Okta was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.
Parabolic Arc Trend on OKTAOKTA Put Spread 105/100 Cost was
$2.07 was the put cost. EXP Nov 15.
we'll see how it pans out looks like the pattern is breaking down.
Max gain will be 50% or $150 and max loss is the same
OKTA | 1HR | Puts 15 Nov ExpiryDouble Top
I think it's coming down.
you need patience on this one. The ITM and ATM strikes will cost you 3.60-5.80.
Ran fibs on here and price is already playing the fibs when the price bounced off the .236
FIB Game. lets go!
$OKTA Watching for a short trade Up $24 in a week On 50 SMA reswatching this to see if it gives out an entry
Very good Bullish signal $OKTA targeting broken neck at 118 MFI at lowest level since long time ... RSI very good setup . also stochastic in very good positions . Only that it could take some time to reach 118 then upon testing this level we can see if there is more opportunity for further uptrend or reverse from there targeting new lower bottom
OKTA undervalued & oversoldAs the market uncertainty is growing, and with the Fed meeting tomorrow Wednesday September 18th.
Investors rotated out of growth, to value stocks. But paying about $100 for OKTA shares might be an excellent option, with a RRR of 5:1.
Autonomous AI Trading Upgrades OKTA to Strong Buy $30simple and reliable analysis, for more information, refer to our upgrade on Shopify to Strong Buy $19
