As distrust in big tech continues with FB making new lows and cyber security stocks continue to reach out for new highs, the tech hangover from COVID looms large. Mimecast I believe will ultimately find themselves on the right side of technology trends in the future while the rest of the world figures out how invasive they want their online communications to be...
pt 50MA 48$!
maybe this is the time to break 21 and 200 MA
Generally holds the ~$40 area, and quick swing into before next earnings. My risk/reward is around 25 days, with at least 10-12%. It's an easy play.