Fortinet, Inc.
Long
Updated

FTNT - Entry, Volume, Target, Stop

96
Enter when price clears 69.07
With daily volume greater than 4M
Target: 75.50 area
Depending on your risk tolerance: 66.93 gets you 3/1 Risk/Reward
Note
Pullback to .618 is deeper than I'd like, earnings just a few days away, I would take this trade out of consideration before earnings, and/or it pulls back any further.
Note
Revised:

Enter when price clears 69.07
With daily volume greater than 4M
Target: 73 area
Depending on your risk tolerance: 67.76 gets you 3/1 Risk/Reward
Order cancelled
Risk to Reward no longer attractive.

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