Pocket Pivot Review - Okta (OKTA) and Sailpoint (SAIL)
|Published:||11 Apr 2018 11:12 ET|
Both Okta (OKTA) and Sailpoint (SAIL) are potentially on track to post pocket pivots today, despite the weak index action. Whether these moves hold up or not remains to be seen, but the action is interesting given the general strength we've seen in the overall cyber-security group, which includes Focus List name Fortinet (FTNT). We would not chase these names, however, although both OKTA and SAIL were discussed in Gil's VoSI VooDoo Report last night as holding tight along moving averages with volume declining.
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