Long
FEYE: Uptrend
Updated
Created on 3/11/2018 Sunday
Fundamental:
- Increasing importance and demand for Internet Security as more businesses and consumers move their transactions online
- Solid management & turn-around story
Technical:
- Trending up.
- Noted on the chart.
&
- NASDAQ shown to continue it's uptrend.
- Investor sentiment bearish. Overall market does not seem heated.
Trading plan:
Enter via limited order on 3/12 if FEYE able to hold it's price above its moving average (9). Watch for histogram/MACD to keep + above centerline.
Fundamental:
- Increasing importance and demand for Internet Security as more businesses and consumers move their transactions online
- Solid management & turn-around story
Technical:
- Trending up.
- Noted on the chart.
&
- NASDAQ shown to continue it's uptrend.
- Investor sentiment bearish. Overall market does not seem heated.
Trading plan:
Enter via limited order on 3/12 if FEYE able to hold it's price above its moving average (9). Watch for histogram/MACD to keep + above centerline.
Trade active
Entered with confirming uptrend in place with ADX, + turned MCAD Histo. @18.19
Concern - watching closely how mkt will close on 3/16 Friday. Week of 3/12 - market moved sideway. With that, seeing 3%+ move on FEYE was positive.
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