Okta Inc

OKTA remains in a Stage 2 advancing uptrend marked by clear higher highs and higher lows above rising EMAs. Price is consolidating near its 52-week high with momentum and volume confirming demand. A shallow pullback into the 9- and 20-day EMAs provides a favorable entry. A close below the 20-day EMA would weaken the bullish case.

• ↑Q2 revenue $805 M (+11% YoY) outpaced expectations
• ↑New AI solutions accounted for ~30% of bookings; ACV uplift ~40%
• ↓Profitability factor remains negative, pressuring margins