$SPLK exloding higher...
I love how a single earnings can make a bearish looking chart/stock turn around ASAP. It was starting to look bearish for #Splunk with multiple rejections off the 200MA. Though the marketcap and market opportunity from my analysis made me bullish on the security (longterm). At times holding a technology/fundamental play can get tough, but i felt pretty disciplined about this position. #CyberSecurity #BigData are important macro themes especially for the enterprises out there.
I think prices can easily climb to $140+ in the coming weeks. :)
I think prices can easily climb to $140+ in the coming weeks. :)
Join our telegram group for more ideas!
t.me/finvizclub
t.me/finvizclub
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.