Long
FEYE: Uptrend
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.