tradepatiently

FTNT - Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NASDAQ:FTNT   Fortinet, Inc.
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
Comment:
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.
Comment:
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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