Been long @ $72 couple weeks back, and wasn't intending to look at any performance this week, but this kinda stuck out.
Looking at high 90's target, of course, depends on the crappy market, but worth watching!
$CYBR has been basing well since the last big drop and is now looking ready to break out of that base. It might go up to 45.5 (weekly resistance) and 47.5 (200dma) but earnings are around the corner as well.
CYBR seems broken down from a pennant formation. Moneyflow just plummeted to the negative side. We think it will continue down & reach Pennant formation target.
* Trade Criteria *
Date First Found- May 15, 2017
Pattern/Why- Pennant breakdown
Entry Target Criteria- Break of $47.23
Exit Target Criteria- $38.63
Stop Loss Criteria- $50.43
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