OKTA is forecast to reach 250 within two months; maintain long position.

I want to talk about Okta stock today.

You can see that the stock was fluctuating below the 155 level. Then, with the earnings announcement, the numbers and forecasts were excellent. That was the most important event.

The stock jumped right through this area. He never returned to test the gap here. It climbed strongly, and from the top of that gap, it rose by an additional 30%.

Honestly, I think it will reach the 250 level within the next two months before Thanksgiving. It's moving very fast , and you might say it's price-stretched and all that. Indeed, it is. Exactly. I realize that.

But past history must be considered. Look what happened here. The exact same thing happened. He jumped upwards, perhaps went back to drink his coffee, then tested the top of the gap and took off again.

From the bottom to this intermediate peak there was a rise of 70%, and from the bottom here to where we are now, the percentage was 55%.

Even if we assume the upward trend continues in the same pattern, and I hate using these patterns in this way. I mean, you do n't want to be rigid in your opinion about that. But even if we raise it up here , seven is the same thing. It's 70%, it's 225.

I like to look at what happened after the stock declined and then returned to where it was before, and then what happened. So at some point the stock rises like this and fluctuates around this base here, and then as soon as it breaks through this base here, or, here.

It's just history. It seems that it no longer even matters. So now we are seeing this kind of movement, or rather, upward movement.

So what I want to do, and what I suggest you do, is to go ahead and stay in the buy position for the stock that I mentioned to the members a little while ago . I wouldn't be eager to profit from this if I were in a buy position.

I think you should just stay in the buying center. Just stay in the purchasing center, and let everyone else do the work for you.