CRWD is the strongest play in this sector by far don’t get me wrong okta is great but crowd strike is much better do your own research
H
I have absolutely no idea why this stock is down after posting a surprise profit and great numbers.
K
Crushed earnings. Non GAAP earnings of .08 vs estimates of -.02 loss.
G
Just my take, I have owned OKTA since the mid 20's and have a 250k gain which is very exciting. That said, the easy money has been made and the stock is not cheap by any measure. If you look at the chart we have just had a huge up move that historically has been followed by consolidation as the fundamentals catch up. The story is intact and the company is executing but in the short term, there is probably limited upside. A move to 250 would only be 10%ish, which is not great for tech stocks. I may sell some but I still love there business, think it will consolidate on the 180-200 range at the low end for the short term, this also depends on the market in general
S
The pull back is due to the overall market decline. Okta in in an uptrend and will be going up as the market moves up. Will be over 230 next week.
z
I will start buying calls options tomorrow for hedging.
R
This happened last time - down in after hours - up tomorrow. Earnings were great.
$BB BlackBerry Spark Persona goes beyond $OKTA The persoma is ai based and can detect insider threats and block them, something okta can't do. Okta is losing business to blackberry spark persona
s
Salesforce is up huge in after hours after monster earnings and guidance...this bodes well for the new online transactions in general, and OKTA provides cyber security for this new world.
S
We should be glad the Nasdaq sell off took only two sessions and not weeks. 1100 points in two sessions. Hopefully it'll hold the 11000 and go up from here. Okta will follow going higher from here. Happy trading
O
Will probably get a boost from $wday & $okta reports later.
z
Thanks to the trader who sold me 400 shares at $204. The shares are in good hands and will be protected.
R
So the CEO gave a bad cautious guidance and made the stock to fall ?
h
Barring a major market upchuck, this aftermarket price will look like a bargain in a couple weeks. My orders filled at 206.95, 206.49, and 205.95. Strong growth in a hot sector. Don't mind the cautious guidance. JMO.
R
Be careful here. They report on Thursday. Could be getting run up ahead of time. They may have great numbers, but could get sold off after report.
e
Kathy woods ark picked up shares recently so I I am in. Long and strong.
T
Okta no good right now its below its 50 day ma and a 45 rsi on the daily but still falling techs gonna pull bk more be safe!!! It may continue to pull bk to 30 Rsi on daily
A
Question: Will $OKTA be above or below $195 by this coming Friday, Sept 4th?
Will be over 230 next week.