The daily chart of Splunk broke out of a bull flag pattern yesterday & has seen its bullish momentum continue in today's trading. The stock is also trading above heavy VPVR levels which can allow it to continue to run higher.
My first two price levels are based on a Fibonacci Extension. The third target is a combination of both the Extension level & the bull flag pattern price target so I am paying close attention to that level.
My first two price levels are based on a Fibonacci Extension. The third target is a combination of both the Extension level & the bull flag pattern price target so I am paying close attention to that level.