All of these cloud based software stocks with no earnings are taking a breather.
See OKTA TWLO ZEN NOW COUP .
The big money seems worried about valuation and cash flow and eventually earnings .
SPLK beat and raised last quarter. Sales are growing 33%.
SPLK bounced strongly off support at $108 and will make its way back to the top of the range at $140
See OKTA TWLO ZEN NOW COUP .
The big money seems worried about valuation and cash flow and eventually earnings .
SPLK beat and raised last quarter. Sales are growing 33%.
SPLK bounced strongly off support at $108 and will make its way back to the top of the range at $140