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…
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