First we tracked MULE in NFTRH last year, as I traded it a couple of times and was lucky enough to be holding it when a buyout by Salesforce was announced earlier this year.
Here’s what MULE did.
Then we followed OKTA, which ran away from me and I did not chase it.
Then along came PVTL, thanks to the heads up of a subscriber who works in the field. These newly public cloud based software companies have really been tearing it up over the last year.
I don’t hype them because I am not very knowledgeable about software (well, I don’t hype anyway, but you know what I mean), but when their charts mature enough I do include them in the weekly reports. Recently PVTL was included as its chart finally had enough history to a least include a lateral support level. Today’s blast upward is on an earnings beat, which is nice.
Okay, onward to FOMC and the rate hike that’s in the bag…
Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas. You can also keep up to date with plenty of actionable public content at NFTRH.com by using the email form on the right sidebar. Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at Biiwii.com.