A10 Networks, Inc.

ATEN to 15$ short term PT

A10 just beat on their earnings. Software as a Service, particularity in cybersecurity is a great place to be. Company has 0 debt and gaining traction, they work some large companies and governments. Their cloud approach is a winner for data center management. Near term the cup and handle held, where the handle did not dip below 50% of the cup depth. Short term price target is $15. On the 45 min chart there is also a bull flag that has formed (not as reliable) but it seems to validate some more room to the upside. Wait for RSI to spike then towards 80 to exit. CMF, & MCAD are also going positive. All things seem bullish short and the increased volume over the last 2 sessions is a good sign.

***Just what I see, not financial advice!*** please do your own due diligence!!!!

Disclaimer