A relatively new ETF, BUG provides exposure to companies involved in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices. Eligible securities are those in the emerging and developed countries and are selected based on the revenue which must be at least 50% generated from cybersecurity activities. (Source and more info at: www.etf.com/BUG)
From a TA perspective it has had a nice steady run post March and would seem to be in a pretty hot sector with global reports of state level hacking and company intrusions on the rise. RSI shows there is still some value in it after its most recent pullback and its steep incline would indicate interest is growing. Would be nice to see the OBV in positive territory above its 14 day moving average for confirmation. Could be worth a look for a longer term buy and hold.
From a TA perspective it has had a nice steady run post March and would seem to be in a pretty hot sector with global reports of state level hacking and company intrusions on the rise. RSI shows there is still some value in it after its most recent pullback and its steep incline would indicate interest is growing. Would be nice to see the OBV in positive territory above its 14 day moving average for confirmation. Could be worth a look for a longer term buy and hold.
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FIND TRAILING STOPS: SuperTrail.io
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MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
MEXC FOR CRYPTO: bit.ly/47QCeNR