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Okta Inc.(OKTA:NASDAQ) Elliott Wave Technical Analysis 12 September 23


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Okta Inc., Elliott Wave Technical Analysis
Okta Inc.,(OKTA:NASDAQ): Daily Chart, 12 September 23
OKTA Stock Market Analysis: We have been looking for upside continuation after a five wave move into wave 1 and sideways consolidation into what could be either wave 2 or B.  
OKTA Elliott Wave Count: Wave 2 or B of (A)/(W).
OKTA Technical Indicators: Above all averages.  
OKTA Trading Strategy: Looking for longs on the way up into wave {v}.
TradingLounge Analyst: Alessio Barretta
 
 
OKTA_9_12.thumb.png.5f0261f2b4d852d9e045ab067b97d04e.png
 
 
Okta Inc., OKTA: 4-hour Chart, 12 September 23
Okta Inc., Elliott Wave Technical Analysis
OKTA Stock Market Analysis: We see how we have exploded higher into wave {iii} with an upside thrust, typical of a wave {iii}. Looking for a potential pullback into wave {iv} to then look for longs. Minimum upside target is 0.618 3 vs. 1 at 104$.
OKTA Elliott Wave count:  Wave {iii} of 3/C
OKTA Technical Indicators: Above all averages.  
OKTA Trading Strategy: Looking for longs into wave {v}.
OKTA_4H.thumb.png.be33aab533c0d7d9f368092e249f6839.png
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    • Hi, That's great, thank you very much. Very helpful! Many thanks.
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