Splunk Stock Needs to Breach This Level in Order to Run

SPLK Stock: One Last Hurdle Remains Splunk Inc (NASDAQ: SPLK) stock closed the trading day on Friday, August 25, up 8.48% on the heels of a better-than-expected earnings report. The company managed to beat on both the top and bottom lines, and this positive earnings report was the catalyst to send investors into a feeding frenzy for Splunk stock. This surge in SPLK stock has set the wheels in motion, where a significant level of price resistance is being put to the test once again. To clarify, i...