Atlassian - Rising Channel
Atlassian (
TEAM) a relatively recent IPO, reports it's second earnings call after the bell 5/5/16. TEAM has been basing the last couple of months, rising in channel while volume has been decreasing, creating a solid base to move higher from. A solid earnings report should allow for movement higher.
Recent contract with Uber won't factor into revenues or EPS yet, but should obviously help guidance. As investors become more familiar with Atlassian and their products ( Jira, HipChat, Bitbucket) dont be surprised to see increased inflows. #GetLong
TEAM) a relatively recent IPO, reports it's second earnings call after the bell 5/5/16. TEAM has been basing the last couple of months, rising in channel while volume has been decreasing, creating a solid base to move higher from. A solid earnings report should allow for movement higher.Recent contract with Uber won't factor into revenues or EPS yet, but should obviously help guidance. As investors become more familiar with Atlassian and their products ( Jira, HipChat, Bitbucket) dont be surprised to see increased inflows. #GetLong
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