Earnings are increasing. Look to be bullish on this one team. #BUYDIPS
9/Jan/2020 09:34 AM AUTHOR: Brandon Gum -- ======================
Posted this a week ago, seems to be working. Next leg up comes once it clears 87.50
Nice bull flag breakout on daily. I've been watching for confirmation. Will buy 85.00c at the 85.36 break. First PT is 87.00. If we can break through that, plenty of upside. Need to be careful as markets may get shaky.
Stop slightly below low here. It could move sideways here in a tight range for a few days. Careful to to get chopped out. Ideally target is near recent highs. Bullish RSI bounce on the 3 day time frame. Higher timeframes look like they could support prices here.
QLYS provides us with an example of 2 great lessons: the importance of learning how to analyze bases and second, why running ahead of earnings is usually a bad thing. First, QLYS recently formed and broke out of a base on base pattern. Typically in a base on base pattern, the 2nd pattern should be shorter and shallower than the first. Not the case here. The...
I am using IBD system of buying here, the cloud security sector has been hot, and I like CYBR also, but QLYS is in proper buy zone right now. I also considered CNC and would like to find a way into NHTC, CBM. 99 Composite 99 EPS 98 Relative Strength A SMR B+ Acc / Distribution Current Earnings EPS Due Date N/A EPS Rating 99 EPS % Chg (Last Qtr) 200%...