TradingView
A_Swissa
Dec 4, 2017 3:03 PM

FTNT - Support VS.Resistance Long

Fortinet, Inc.NASDAQ

Description

FTNT is showing classic support and resistance level
previus level of support was 36-37.5
previus level of resistance was 41
last weel price broke above 41 level and retested that area successfully
price looking to retest old resistance at 44.7 and 46

Trade closed: target reached

Comments
PowerOfCapital
but not a good buy here. ab=cd. high sell pressure above.
A_Swissa
@watsonzou26,
patience.. long term as above 40 long term could go to 50
42 is a tough area
still consolidation for now
PowerOfCapital
@TamirHa, Agree.
More