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Analysis: #NASDAQ $SPLK
Case 291 #Splunk Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#SPLK 1/4
Case 291 #Splunk Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#SPLK 1/4
Chart 1
Weekly Chart: The all time high of 176.31 was followed by a huge surge downwards and price temporarily broke below the 4 year #trendline but found strong #support on the #SMA 200 and #Fib. 0.50 (100.73). All the losses .....
SPLK 2/4
Weekly Chart: The all time high of 176.31 was followed by a huge surge downwards and price temporarily broke below the 4 year #trendline but found strong #support on the #SMA 200 and #Fib. 0.50 (100.73). All the losses .....
SPLK 2/4
..... seen in March have all been recouped, with good upwards #momentum. A strong close above 172.52 is required.
SPLK 3/4
SPLK 3/4
