Bearish on QLYS.
Long term headed towards 135.
Short term:
Possible bounce toward 180-185 from current price of 165. But only if it at least holds onto the 165 level until April 5th to clear its current downtrend.
Then a drop to 145, making another bounce to165 before making its final drop to 135.
Slight chance it may make a quick dip into the low 120's just...
QLYS has one of my favorite re-accumulation patterns that is setting up for a 40% rally over the next few months.
Breakout level = 172.49 (it should complete the breakout on 3/12 -3/13)
*Initial Target = 175 by 3/14/2024
** Target 1 = 184 by 3/22
Target 2 = 192
~Initial Target and Target 1 will hit on the first leg up following this breakout, Target 2 might...
The current price exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
Fundamentals
With the Israel/Ukraine situation developing, countries and companies will certainly not mind some extra cybersecurity spending. Hence, companies like NASDAQ:QLYS are well-positioned to benefit
Any company making new all-time highs during a challenging time in the markets should catch your interest. This one just did it on impressive...
On the chart, we can see an inverse head and shoulders, which is a strong bullish pattern.
Both MACD and RSI are indicating bullish crossings.
We will now wait for a breakout of the neckline, to take our entry.
More details are shown on the chart.
Good luck! 🚀
$QLYS tight and clam in the midst of see of red. Big weekly cup with handle that has now tightened up nicely.
Volume in the pivot a bit higher than what I would like to see but i've noticed that's the case on almost all setups the last few days.
Targets 2 if QLYS can hang are possibly 167.5 to 185.
Short interest is always high on this one.
It appears the shorties wait for earnings as often it is not received well.
If QLYS ever has a good earnings response, things could get, well, exciting.
The red vertical dashed lines are earnings dates. Estmated earnings are 5-12. Possibly a good idea to keep...
Earnings do not seem to go well for QLYS and it seems folks start getting nervous beforehand according to the chart. I did not look at earnings but it is obvious from the chart that it was not received well. The red vertical lines are earning announcement dates. Possibly this is why short interest is on the high side on this one as a rule. I guess the shorties...
QLYX has broken out (barely) only experience a throwback..
There is usually a high short percent on this one. It is like they pick some stocks to routinely short and this is one, I am beginning to see why now as QLYS is down quite a bit today. CHKP is another in this sector they like to short.
You can see the R this stock is fighting at the top of the cup..lots...
Hey traders, QUALYS is in a fake bearish trend with a large volume of purchases issued and traces made by sellers. By leaning on the TIMEFRAME M1 we see a marubozu with a return of purchase volume made it goes to the top of the comfort zone to go and test it. Strong possibility of breaking out the price then subsequently the zone to interfere in a new one and go...
QLYS has been in bear territor for a long time
Not to long entry level at this second but was a few minutes ago I think
Short is naturally high
NV and OBV are also high
Curious to see who will win this one
Risky/earnings today amc
Not a recommendation
The Cypher was discovered by Darren Oglesbee and though it is technically an advanced pattern formation, it...
