Earnings didn't entirely please analysts so it has been trading down ever since but that's folly in my opinion. Fire-Eye is the best cybersecurity play in the Small-Mid cap range; Crowdstrike has gotten too far ahead of itself for me to be comfortable buying at those levels. Go long FEYE Short-term Price Target: $25 Mid-Point: $30. (sell...
Two hammer candles on the daily and breaking out of a descending broadening formation. Looks ready to test ATH.
Great relative strength on this name considering market conditions. Will need to see how that sustains in the upcoming week. This entry point should confirm a break out of this descending broadening pattern and clear the high-volume node above.
Revisiting $ZS after our incredible first trade on it. Now that we've established new highs, this opens some further targets for continuation. Trend looks healthy - but I would like to see a pop above the pitchfork midline 👍 TG1: 226.38 TG2: 237.69 TG3: 244.68 Invalidation under: 208.08 Leave some feedback below if you have any! And don't forget to...
Cybercrime is expected to cost the world $10.5 trillion by 2025, making it the 3rd largest economy. Recent SolarWinds attack reminds us that cybersecurity will continue to be one of the most important concerns federal govt, SMB and big enterprise pay attention to. Federal budgets devoted to cybersecurity will likely to increase and CAGR of the cybersecurity's...
In the early Dec 2020, FireEye, a top cyber security firm, said it was hack. About a week later, Solarwinds NYSE:SWI , an IT firm that provides software for companies like the Fortune 500 and the US government was also reported being hacked. The series of the hacking events stir up huge interest back to the cyber security stocks. Is the rally for cyber security...
FireEye, CrowdStrike and Other Security Stocks Rally on SolarWinds Hack Security-software stocks were flying high Friday, as investors anticipated a pickup in spending in response to widespread damage FireEye, U.S. Agencies Affected By Cyber Attack On Solar Winds Software The security-software firm said a “global intrusion campaign” is making use of a tainted...
Nice IH&S setup with a big move that didn't hold, may need to find support before trying again.
Huge GAP on the daily? Ill breakdown what we gotta do to get there, and what that could looking like in options of equity
Palantir will report its first earnings report since the IPO on Thursday Nov 12th. Analysts expect the company to report $279.32M in revenue and $0.03 EPS. Before it went public, Palantir guided Q3 revenue of $278-280M, up 46-47% Y/Y, and operating income of $60-62M. For the year, PLTR forecast $1.05-1.06B in revenue (+41-43%) with operating income of...
#stocks #nasdaq Real-Time Algorithmic Trading across all markets
To go long: I would want to see it first over this trend line, then over the major (march low to recent high) .786 fib, then preferably over the VPOC in red and .618 minor fib (Recent high to low) in black. The alternate bull case is a cup and handle with a run into earnings, bullish accumulation/distribution as shown below.
One of the main features of the market lately has been a rotation to non-megacap technology names. Zoom Video Communications, Twilio, Roku, Snap, Pinterest, Zendesk, Etsy, Match, Digital Turbine, Appian, Fiverr and others (including solars) have all shot to new highs lately. Meanwhile the biggest names like Amazon.com and Apple have drifted since the...
4 ETF's to buy and hold for Long-term growth: $HACK - Cyber Security ETF $QCLN - Clean Energy ETF $QQQ - Large US Company ETF $FDIS - Consumer Discretionary ETF
Topping up here TA, - Trend line support - 20EMA daily - Ascending triangle - RSI relatively oversold - Short term resistance at 0.6 show by high volume. Good place to take some profits if you intend to. Concerns, - Recent earnings and 50% loss in operating revenue. However, the earnings reaction was neutral which shows strong hands holding this. - If negative...
We've been in this and just doubled up today. First initiation was back on July 13th but the Oct 19's. This morning we also bought the Oct 21's looking for an additional aggressive move to the upside with it flagging again. Options are stupid cheap.
TA, -MA crossover -MACD crossover -broke .685 level = new support -clean ascending triangle FA, - Hybrid blockchain for securing, verifying and exchanging business-critical information - Protect data - Issue accreditations for your business - P2P data exchange Entry : .691 Exit : .763 SL: .667(thesis invalidated if major support is broken) RR 1:1