If you are lucky enough to have been long CYBR in 2019 you have made a 70% gain so far, that should ring the alarm bells alone. The price has been on a upward trajectory while the RSI has been on a downward trajectory got eh last 2 months. FOMO money was late to enter, but will be very early to exit this name on any pullback and weakness in earnings. We will be looking to short it from a pure technical perspective.
Analysts Average Target price $125
Company Description
CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur.
Analysts Average Target price $125
Company Description
CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur.