dorfmanmaster

Cybersecurity massive volume!

Long
NASDAQ:BUG   Global X Cybersecurity ETF
On a minute chart, there was a buy trade for 266,069 shares; creating the biggest volume spike in this ETF's short history. (check volume candles on chart).

As we see the volume spike on a specific minute (10:48am ET), we can assume the trade was made by probably 1 institution/person. This means this individual created a position of 5 million dollars with a single trade into BUG.

10sma towards the $19 range shows short-term support.

Top-10 Portfolio holdings by weight:
  • OKTA (8.4%)
  • FTNT (8%)
  • ZS (6.93%)
  • Trend Micro Inc (6.09%)
  • CHKP (5.69%)
  • NLOK (5.63%)
  • QLYS (5.61%)
  • PANW (5.23%)
  • AVST (4.89%)
  • PFPT (4.79%)
Total % weight: 61.26%

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