Okta shines thanks to the quarterly

The American price list is brilliant Financeit

(Finance) – shines Oktawhich passes by hand with an increase of 17.88%.

The Cloud software company closed the fourth quarter with a profit per share of $ 0.78 against expectations of analysts for $ 0.74. The turnover was 682 million dollars (670 million the Consensus).

On a comparative level on a weekly basis, the trend of Supplier of a platform that manages the identity of customers for companies highlights a more marked trend than the trendline of Nasdaq 100. This demonstrates the greater propensity to purchase by investors towards Okta compared to the index.

The general technical context highlights the recesses in the process of strengthening for Oktawith negative stresses such as to force levels to the support area estimated at 98.72 USD. Contrary to expectations, however, upward stresses could push prices up to 105.6 where it is stationed an important level of resistance. The domain of the bearish fiests feeds negative expectations for the next session with potential target placed at an altitude of 94.69.

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