IngenuityTrading

The Splunk doesn't smell anymore

NASDAQ:SPLK   None
SPLK was a range reversal trade that was underwater for most of the month but is now beginning to show signs of life. I have moved my stop to the most recent swing low at 159 and I am still looking for the stock to fill the gap (185-205). Rate of change is slightly positive which is encouraging. Still a while until earnings so no major planned news coming. Hoping the technical continue to point to higher prices

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.