Okta Inc., Elliott Wave Technical Analysis

Okta

Okta Inc., (OKTA): Daily Chart, Tuesday, August 1

OKTA Stock Market Analysis: We have reacted higher off the box and especially off equality of {c} vs. {a}. Looking for a five wave move to the upside to have additional confirmation of upside resumption.  

OKTA Elliott Wave Count: Wave {i} of 3.

OKTA Technical Indicators: Above all averages.

OKTA Trading Strategy: Looking for a five wave move to confirm upside resumption.

TradingLounge Analyst: Alessio Barretta

Okta Inc., OKTA: 4-hour Chart, Tuesday, August 1

Okta Inc., Elliott Wave Technical Analysis
OKTA Stock Market Analysis: It looks like we are moving higher into wave iii of (iii) which would confirm the angle of ascent we are experiencing. Looking for wave (iii) target.  

OKTA Elliott Wave count:  Wave (iii) of {i}

OKTA Technical Indicators: Above all averages.

OKTA Trading Strategy: Looking for longs into a potential wave (v).

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