


I added Atlassian $TEAM to my portfolio this week
I added $TEAM to my portfolio this week following its strong earnings report on April 30th.
The company reported 80% EPS growth last quarter along with 20% sales growth.
The projected EPS growth for next quarter is 51%, and expected sales growth of 20%.
From a technical standpoint, the chart is clearly signaling a turnaround after a long downtrend that took it 85% below its all time high .
My entry was on the breakout day that happened on a huge volume.
My stop loss is set at the low of that day at $82, keeping the total risk below 10% ( see the yellow line on the second picture) .
Good luck