Watch Rubrik for Intraday Trend Line Breakout

about 2 months ago

Ed Unknown

"Rubrik went up about 6.3 percent today off the 50-day line. It came up to a trend line near its 97 level and then quickly reversed from a level near 103. If you haven\"t bought it yet, you might wait to see if it clears this trend line as a signal for an entry."

Rubrik showed a 6.3% surge with a dynamic action around its short-term trend line, bouncing between the 97 and 103 levels. The actionable insight is to monitor Rubrik and enter a long position if it clears its current resistance at the trend line, keeping an eye on its upcoming earnings catalyst in about 12 days.