Fortinet FTNT Overreaction - What now?
Updated
Slightly after earnings Fortinet Gapped down. Which are my favorite kind of stocks to trade because 9 times out of 10 Gaps close.
Fortinet had many analyst reiterate Bullish price targets some up to $70. I'm looking for a retest at $60.
Forecasting out to nov 2nd. The next earnings should be interesting.
Williams, MACD, & RSI are all showing Oversold in this situation. This could be a solid entry for someone to start a small position.
This is not financial advice.
Trade Responsible,
#TradeTheWave 🏄🏽♂️🌊
Fortinet had many analyst reiterate Bullish price targets some up to $70. I'm looking for a retest at $60.
Forecasting out to nov 2nd. The next earnings should be interesting.
Williams, MACD, & RSI are all showing Oversold in this situation. This could be a solid entry for someone to start a small position.
This is not financial advice.
Trade Responsible,
#TradeTheWave 🏄🏽♂️🌊
Trade active
PRICE TARGET REACHED TODAY AT $60.34.Still looks strong and showing momentum.
Trade Responsible
#TradeTheWave 🏄🏽♂️🌊
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