Sawyer170

Okta looks like a bullish breakout?

Long
NASDAQ:OKTA   Okta, Inc.
The day charts on growth stocks back during the last crash of March 2020 looked like a very similar pattern just before forming the golden cross that lead to their recovering and marking their bottom, coming off the death cross that began their crash from all time highs. Oktas earnings have stayed consistently outperforming according to the tip ranks data shown on the day chart. If next earnings continues to do the same it could be the positive catalyst they need to fuel a recovery boost back upwards. This is a highly speculative outlook considering the uncertainty in the markets current conditions. Although if positive catalysts start showing up and their is a bounce upwards it would look all correct in the chart as far as patterns go.
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