Long

PING - Ready for reversal. Heading to $30 range

PING. Great company with strong fundamental in cybersecurity space. Many companies across the globe is adopting PING or ping like solutions.
Never missed earning EPS or revenues so far. WFH has fueled the cybersecurity adoption.

On TA front, it's ascending megaphone pattern and good part is that it's tested out the major support level before reversal. Think it will hit $30 easy in tactical time frame 2- 4 months.

I am very LONG on PING and see good growth in this company from strategic perspective.

One can consider it as BABY form of FTNT.

Note : Above is my personal opinion only and I may be completely wrong. Please do your own DD before any investment.

Regards,
Subhash

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