$OKTA - Bargain or a falling knife?
Okta ( 
OKTA ) is trading inside a descending broadening wedge and starting to form a base from which it could launch.
However, there is a risk that breaking below the current support level could be disastrous for the stock. Knowing that risk, would you bet on it?
This earnings report (ER) is going to be a make-or-break event for the stock.
Targets are shown in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
OKTA ) is trading inside a descending broadening wedge and starting to form a base from which it could launch.However, there is a risk that breaking below the current support level could be disastrous for the stock. Knowing that risk, would you bet on it?
This earnings report (ER) is going to be a make-or-break event for the stock.
Targets are shown in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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