SamSuka
The Long Investor
The Long Investor

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$SPLK - RC -

I do like the look of this chart for a number of bullish reasons.

1. It has broken out of this long downward yellow channel.

2. The pull back in June came all the way back to the 0.618 Fib and bounced.

3. The price is above the 50 and 200 Day MA.

4. An ascending wedge has been formed here and this is my favourite bullish indication.

All the price needs to do now is hold above the ascending triangle on the green line at $110.


$SPLK - RC -

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