Sentinel One is a a relatively young cyber security company which had it's IPO last June. It was safe to say the IPO went well, it was the highest-valued cyber security stock IPO. 40.3 was the lowest price wicked to, that's the area of monthly support we're essentially at today. Cyber-Security is a fascinating space, S is a chart to keep your eyes on if you have interest in a developing stock in this sector.
S found its all time low recently at around 29 dollars. Volume surged at that price and even more so at the 35-38 dollar area. I'm looking to enter if we get a good retest from here.
My targets are: 33.5, 32.2, and 31 dollars. Take profits are outlined in the chart, 46, 51, and 56 dollars.
If we go below 28 dollars I will plan to exit the trade.
S found its all time low recently at around 29 dollars. Volume surged at that price and even more so at the 35-38 dollar area. I'm looking to enter if we get a good retest from here.
My targets are: 33.5, 32.2, and 31 dollars. Take profits are outlined in the chart, 46, 51, and 56 dollars.
If we go below 28 dollars I will plan to exit the trade.