Long Position on TEAM @ $81.00 on 12/20/2018 (Momentum)

Atlassian Corporation Plc (TEAM) designs, develops, licenses, and maintains software, as well as provides software hosting services worldwide.

The company offers JIRA, a team planning and project management platform; Confluence, a team content creation and sharing solution; HipChat, a team messaging and communications tool; and Bitbucket, a team code sharing and management software, as well as JIRA Service Desk for team services and support applications. Its products enable teams to organize, discuss and complete shared work.

Shares have formed a bullish "flag" following the company's latest quarterly report.  

Higher share prices are expected for this stock.

52-Weeks Trading Range: $45.38 - $98.21

Entry Point: $81.00

Stop Loss: $76.95

Target Price: $89.10

Updates

1/7/2019 12:33:40 PM

TEAM closed at $94.40

Position closed on 1/7/2019 at price of $94.40 with a 16.54% gain in 18 days.

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