Adding SPLK To Watchlist. Like It For a Potential Short @ The $126.00 Level

June.10th. Watching SPLK. It’s a sympathy mover coming off this Tableau merger. If it hits $126.00, it looks like it will be a good short . Could be a nice follow through play tomorrow for a potential day trade. Not too keen on holding over night today, but it would probably work. Just watching out for that mark, not a be all end all

The trend has always been volatile, with sharp price reversals

We reported that it looked like a nice short the uptick play back on May.24th. This is the news event that drove the initial sell off

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