Tableau Software (NYSE:DATA) #DAX #DJI This one’s a bit of an oddball and they’re to release their results after the business close on the 2nd. The reason for its “oddball” status comes from Google website adverts. For some reason, we are bombarded with promotional material for Tableau with Google often allocating all advertising space on a webpage toward this company.
Of course, it’s doubtless caused by our “cookie cache” which reflects website preferences.
To get the good news out of the way first, it shall prove interesting if the share next trades above 126. Such a movement has surprising potentials, opening the door for a visit to 137 next. If bettered, secondary calculates as a longer term 154. In fact, it appears even 168 may be dreamt of for the future, this being a level we’d expect some major hesitation.
The reason for such vivid rise potentials occurred during March with the share price achieving a series of “higher highs”. From our perspective, the 137 level was mathematically correct and now, a revisit to such a point which proves capable of exceeding 137 should bring some sharp growth thereafter.
As often the case, there’s a fly in the burgandy.
The two chart insets highlight a particular phenomena. Despite traders clearly showing some enthusiasm during the pre-results-day session, exquisite care was used to ensure the price did not close the session above the immediate downtrend. This sort of nonsense is always a worry, carrying the implication the market knows something.
We’d certainly have some serious concerns if the price is pushed below 115 for any reason as this threatens a visit to an initial 108. If broken, secondary comes along at 104, along with a challenge of the ruling uptrend since 2017.
We would expect a bounce, should 104 be achieved.
Quite a few emails are being received, asking for updates on USA shares. We suspect the reason is due to many European movements simply not making sense due to politics.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
10:43:17PM |
BRENT |
72.05 | |||||||||
|
10:45:30PM |
GOLD |
1276.74 |
‘cess | ||||||||
|
10:48:17PM |
FTSE |
7327.25 |
Success | ||||||||
|
10:49:58PM |
FRANCE |
5595 | |||||||||
|
10:51:29PM |
GERMANY |
12370.49 |
12276 |
12251 |
12209 |
12353 |
12377 |
12390 |
12432 |
12293 | |
|
10:54:22PM |
US500 |
2915.17 |
‘cess | ||||||||
|
10:59:31PM |
DOW |
26375 |
26347 |
26268 |
26122 |
26466 |
26465 |
26524 |
26585 |
26347 |
Sorry |
|
11:02:58PM |
NASDAQ |
7724.9 |
‘cess | ||||||||
|
11:10:36PM |
JAPAN |
22163 |
‘cess |
1/05/2019 FTSE Closed at 7385 points. Change of -0.44%.
Total value traded through LSE was: £ 3,949,801,557 a change of -35.7%