Okta has been on a lengthy ride to ATH's, but it seems like it's ride up is gonna slow down now.
It is getting closer to its 50MA and 100MA and will most likely touch them soon, probably within a few weeks. Price could go down to around 126 at that point. Expect some consolidation there to build it as a long term support, from where it could reach new highs, crossing 130-140 highs in coming months.
Best time to buy could probably be around the end of June, around 126 price point. Btw, it is possible that it may go lower, if it goes below 125 then it could dip further into teens, but then it is highly likely that it'll bounce back faster than you can blink from teens back into 120's and then gradually into 130's.
It is getting closer to its 50MA and 100MA and will most likely touch them soon, probably within a few weeks. Price could go down to around 126 at that point. Expect some consolidation there to build it as a long term support, from where it could reach new highs, crossing 130-140 highs in coming months.
Best time to buy could probably be around the end of June, around 126 price point. Btw, it is possible that it may go lower, if it goes below 125 then it could dip further into teens, but then it is highly likely that it'll bounce back faster than you can blink from teens back into 120's and then gradually into 130's.
