Channeling between $25-$27. Measured next target will be $2 higher or lower depending on which side of the inner channel is breached
Previous resistance at $30, still acting as support
Blue trendline shows what was once support has become resistance. Possible new downward channel.
3 touches confirm bottom trend line. Will markets cooperate for a breakout? Or does another big corp just need to get hacked? Nice risk / reward with stop around 30.
Cyber security stocks $FTNT $FFIV $CHKP beat earnings. $FEYE $VDSI next week
I like this as a longer term sector play. I love that HACK pulled down to the 100 SMA and got a lower wick today. Put sale still looks great for those who want to own shares. It appears this stock just completed a ABC wave down pattern and likely will head higher longer term from this level.
$HACK is still holding in the channel. Look for it to continue bouncing and bouncing up
60 min pump? Lets find out how market reacts
and surpassed target, RSI on edge of overbought, not extreme and MACD rising favor more. Gapping sometimes signals exhaustion