Watch These Atlassian Price Levels as Stock Surges on Revenue Outlook
Key points
- In the software company’s strong demand for its AI -driven cloud products, the software company issued optimistic income prospects. In the expansion transactions on Thursday, ATLASSIAN shares rose by 20 %.
- The price is located at the trading conference on Friday, and it is expected to make breakthroughs above the flag, which indicates that the strong upward trend of the stock continues.
- Investors should watch the main indirect cost areas on the Atlassian chart, including $ 335,400 and $ 460, and also pay attention to the important support level of $ 288.
Atlaslians (team) After the software company is optimistic, the stock on Thursday has soared in the expansion transaction income Outlook is in the strong demand for it Artificial Intelligence (AI)-Addible cloud product.
The software manufacturer guides the current quarterly and annual income, which is higher than Wall Street’s expectations. Chief Financial Officer Joe Binz said that the company’s sales execution rate has obtained a comparison income in the company’s cloud and data center services, and added that Atlassian generated 30 % subscription In the second quarter, fiscal revenue increased.
The company provides customers with a series of collaborative tools, including the recently released AI assistant, allowing users to customize corporate data, but at the end of the past three months to Thursday, its stocks have increased in stocks in the past three months. 40 %. The stock rose 20 % in the transaction after get off work to $ 319.
Below, we carefully studied Atlassian’s Weekly map Use Technical analysis Determine the key price level to pay attention to.
The projected Pengdan model breakthrough
Since the beginning of December, Atlassian’s shares have been merged BandantA chart mode of a signal continue Stocks began a strong rise in August.
Indeed, the stock is expected to be decisive breakthrough After the company’s optimistic quarterly report, it traded from Yaman, Shannan at the trading meeting on Friday.
It is also worth pointing out that even before today’s results, the stock is registered with the highest weekly registered volume Since the beginning of November, some large market participants have restored their stocks with a higher trend.
Let’s go to the chart of Atlassian to determine the three key expenses that the stock may encounter Resist It also pointed out an important Support level Watching during the answer.
Key elevated area
The first key expense area for watching is $ 335. At a low point in December 2021 in December 2021 and where in February 2022, stocks may face sales pressure.
Further upward may make the stock climb to psychology $ 400 area. Investors purchased at lower prices may see Lock in profit At this level near December 2021 Anti -trend peak.
Purchase purchase may be relocated to about $ 460. In this area, stocks may encounter resistance under the stock Record highSet in October 2021. The region is also located under the expected bar model. The target has increased the impulse of the stock from August to December last year, and it is superimposed with the upper trend line of Pennant Pattern, guessing what the continuity transfer of the bullish may be.
Important support level
During the answer, investors should keep the level of $ 288 on the label. Atlassian’s stock may encounter support in the area near the Pennant Model Peak. The area is also famous in August 2022 SwingEssence
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As of the writing of this article, the author does not have any of the above securities.