Bounce off of trendline support and or price support. Stock really likes this range probably get out around 26$. Depending on momentum and market sentiment.
Sentinel One is a a relatively young cyber security company which had it's IPO last June. It was safe to say the IPO went well, it was the highest-valued cyber security stock IPO. 40.3 was the lowest price wicked to, that's the area of monthly support we're essentially at today. Cyber-Security is a fascinating space, S is a chart to keep your eyes on if you have...
Decision to sell. Can sell at suggested Entry Price and cut loss if price goes higher than the Stop Loss. Can take profit at suggested Target Price.
Entry Price: $37.98
Stop Loss: $42.30
Target Price: $34.96
Assuming the market does not completely tank, this may have found a bottom. See the large amount of accumulation around here.
The 1.272 retrace of the last move is around 43, where the stock triple bottomed. If this fails the next stop could be 34.
The first resistance, assuming this can break 51, should be the 0.382 retrace of the full down move, around 55-56.
Price has retraced all the way back to it's IPO price and converging in a descending wedge. It's put in a double bottom recently with bullish RSI divergence. Now just waiting for a breakout of the wedge and a back test to confirm. Stop loss would be a break below the bottom of the wedge. Coincidently the end of the wedge is when the FOMC meeting is held. Could be...
50$ was a resistance, Yesterday the candle closed above 50$. I am expecting that the stock price will rise up. Also the fundamentals are nice, very strong growth in the last quarter. Is this the new Crowdstrike? (CRWD)
$S reflecting december RS, pretty identical to $BROS on their past 4 weeks of consolidation.
broken out of ATH AVWAP resistance for the first time this week. $53 entry clears a full month of price action
DECISION PROCESS
Trend is progressive (exponential selling strength to target price level)
Strong selling exhaust (price is moving strongly with volumes)
Buying pressure (First buying signal appear on support levels)
Contradictory strength (Second buying signal (and confirmation of first one) appear with a buying volume candle)
TIPS
- If market is...
Overall trend Bullish
The correction could finish soon and it may start another bullish move soon!
Based on the previous behavior:
Bullish moves: 24-58%
Corrections: 16-30%
SentinelOne provides Endpoint Protection Platform solutions to optimally protect enterprises' internet-connected devices from cyber threats. The company benefits from an ongoing shift...
SentinelOne is a cybersecurity company with presence in the US, UK and Tel Aviv. Some of its clinets are Aston Martin, NASDAQ:JBLU , NASDAQ:ADSK and NYSE:FVRR . Its Price/Earnings ratio is negative but had a +120% change in sales from the last quarter. That's the kind of fundamentals I like to see on IPOs.
As is a recent IPO, its stock price is still too...
$CRWD wannabe. I like the chart. Printed a 9 buy at previous resistance turned support, 0.786 retracement bounce. Has technical going for it. Another name that would benefit if the indexes bounce.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
![S: 5/4/2022 NYSE [S]](https://s3.tradingview.com/u/u8p2wGIM_mid.png "5/4/2022 NYSE [S]")
![S: 7/3/2022 NYSE [S]](https://s3.tradingview.com/e/EN1qAewF_mid.png "7/3/2022 NYSE [S]")
