OKTA bull flag inside a bull flag

2024년 12월 24일

OKTA had a great earnings report and is currently bull flagging on the daily...

on the monthly chart we can see a bigger compression happening and the daily consolidation is happening at the top of the monthly resistance...

it has also successfully tested and closed above the 9/21 EMAs on the daily

a breakout can lead to a big move

alerts are set on the daily flag, for now