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Apollo_CB
Oct 30, 2023 1:08 PM

FTNT update attempting to break divergence noted Long

Fortinet, Inc.NASDAQ

Description

With RSI rising and price falling we have clear bullish divergence. FTNT is taking another attempt at the medium term resistance of the teal line. The candles are also flirting with the 20SMA which is needed to confirm a bullish posture. This narrowing volatility should oscillate back to a wide pattern if RSI continues. My call setups are for 65$ ish. 59$ is first profit take.
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