OKTA has a double top in the 30min, and an RSI divergence as well. This indicate weakness, but it is true that OKTA can do something pretty nice, especially if it drops again to the 20ma.
Things could go wrong if it loses the 20ma in the 4h chart. But OKTA ia almost breaking the pivot at 231.81, and this will make it close the gap at 245.
We see no RSI confirmation, but at least, no divergence too. This makes OKTA interesting, but letâs be careful, because it can drop in the 30min chart!
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See you soon,
Melissa.
Things could go wrong if it loses the 20ma in the 4h chart. But OKTA ia almost breaking the pivot at 231.81, and this will make it close the gap at 245.
We see no RSI confirmation, but at least, no divergence too. This makes OKTA interesting, but letâs be careful, because it can drop in the 30min chart!
If you liked this trading idea, remember to click on the âFollowâ button to get more trading ideas like this, and if you agree with me, click on the âAgreeâ button đ.
See you soon,
Melissa.