Okta reports earnings! Blowout guidance

Discussion in 'Trading' started by Poetic_trader, Mar 3, 2025.

  1. OKTA just issued a nice beat and raise.
     
  2. Max E.

    Max E.

    Careful on OKTA lots of shorts wanting in on that thing and its the backside of the move
     
  3. Agree but they really surprised the street..looks like it can hit 100-102
     
    Last edited: Mar 3, 2025
  4. maxinger

    maxinger

    OKTA has been ranging from 70 to 100 for 3 years.
    4 years ago, it peaked at 290


    It seems like it will never see the sunlight again, now and forever till the end of the time.

    R.I.P.
     
    Max E. likes this.
  5. I just want it to hit 108.
    Tomorrow could see 100-102
     
  6. Max E.

    Max E.


    Lol I was thinking more like 95
     
  7. nitrene

    nitrene

    Tech market currently is extremely negative. It might just top tick at the open. On the other hand it is seen as a cybersecurity play so it might hold up. The CIBR ETF did okay yesterday so the sentiment isn't as bad as the semiconductor industry. Crowdstrike report will be important.
     
  8. Okta to 102 today ?
     
  9. Filled at 101.90.. I still like it but will see how it closes today.
     
  10. nitrene

    nitrene

    It kept going higher even with QQQ crashing in the morning. Looks like it will go much higher.
     
    #10     Mar 4, 2025