promising action in cybersec (CIBR)i think now that were over it, remaining over vwma after testing some higher low should be an easy task. this should lead the market up.
Cybersecurity
PANW - Cybersecurity bullishnessI'm liking how PANW looks for tomorrow. It solidly broke out of a long range earlier today and could have some firepower going into the day tomorrow. This could be great for day trading. Swingers might want to wait for a retest of support to enter, but that all depends on risk tolerance and overall strategies for each individual trader. In other words, YMMV.
I'm watching this closely at the open tomorrow to get in on some of the action. Quick scalps here could be easy with a breakout possibly moving to the $600 mark, or near to it. As always, be careful and watch for signs of sell offs as people may take profits at these higher levels and in the risky market environment we currently live in.
Ultimately, I think that this is the beginning of a potential uptrend and I'll be looking for that retest or a flag to go long. Tomorrow, it's all about that scalp for me.
Fundamentally this play makes sense as well. Cybersecurity should be at the top of every company's mind with what's going on in the world today. CRWD had some great moves earlier today and we could see other similar companies (like the main character of this post) move up along with the rest of the sector.
Time for CRWD to shineHello Friends!
I’m looking for CRWD to test the 200 day ($185) and build that as the new support. Then it should target $206 and consolidate in that zone before the next move.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice . Do your own research.
$CHKP This one is involve in online or Cyber Security. Given the current geopolitical news, I think it’ll be a hot sector til everything calm down.
I like the dinosaur head shape tops. lol
Creating a good demand zone (see 10 min)
What’re your thoughts?
$CSCOCyber Security at its finest. With all the news of Russian cyber attacks look for smart money to be pushed in this direction.
CHART LEGEND:
white dashed lines = bull/bear takeovers
blue lines = call targets
yellow lines = put targets
red line = danger zone
orange lines = trend lines
green lines = safe zone
any other lines add will be discussed with the ticker
NASDAQ:CSCO
cybersec stocks set to confirm eventual reversal (CIBR)cyber security stocks are like an insurance premium on data centers. the more sensitive the data, the more is paid in general securing it. this etf will do really well when tech is booming. tech should return soon, so cybersec sgould return soon. rsi is about to meet signal for the first time in more than a week. anchored vwap is flattening above price. qqe is long.
PING - Ready for reversal. Heading to $30 rangePING. 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
two directions for cyber security stocks (cibr)if there is bullish continuation in the nasdaq cibr could hit the 53.5 area soon
and if there is return to volatility cibr could revisit the 50.89 area
continued support in cybersec (CIBR)cybersec stocks should see additional support through the end of the year pushing CIBR back up toward $53
$MIME: Email Security While Trust In Big Tech Wanes?As distrust in big tech continues with FB making new lows and cyber security stocks continue to reach out for new highs, the tech hangover from COVID looms large. Mimecast I believe will ultimately find themselves on the right side of technology trends in the future while the rest of the world figures out how invasive they want their online communications to be and how comfortable they are with companies hanging onto their data.
$CTK/USDT 1D (Binance Futures) Symmetrical triangle breakout CertiK has pulled back to demand zone after a strong bullish move, let's join the up-trend here.
Current Price= 2.376
Buy Entry= 2.354 - 2.182
Take Profit= 3.062 | 3.792 | 4.994
Stop Loss= 1.814
Risk/Reward= 1:1.75 | 1:3.36 | 1:6
Expected Profit= +35.01% | +67.20% | +120.19%
Possible Loss= -20.02%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
Websites: www.certik.com www.shentu.technology
Contract:
#Mainnet
#BEP20 0xa8c2b8eec3d368c0253ad3dae65a5f2bbb89c929
Long $OKTA - Ready for next leg upSince IPO Okta has maintained it's growth and it has done that in phases. Looking at weekly chart it looks promising and consistent in 4 year long uptrend.
In 2021 it has mostly consolidated and absorbed last years growth and gearing up for next phase of growth.
Okta has earnings on Dec 1, be careful about position sizing. Try to avoid earnings volatility.
SentinelOne $S, recent IPO breakoutSentinelOne is a cybersecurity company with presence in the US, UK and Tel Aviv. Some of its clinets are Aston Martin, NASDAQ:JBLU , NASDAQ:ADSK and NYSE:FVRR . Its Price/Earnings ratio is negative but had a +120% change in sales from the last quarter. That's the kind of fundamentals I like to see on IPOs.
As is a recent IPO, its stock price is still too volatile. So, even though today's breakout respects all my BUY filters, I got in with half my position sizing. If tomorrow's price action follows through correctly, I'll but the rest. With a stop loss at $69.74, my target sell will be beyond $84.60. When the price crosses that target I'll adjust my stop to breakeven.
IBD Investors gives NYSE:S a 19 in its Industry Rank with a 94 RS rating.
NERD -- Oversold and deeply undervalued IT playNERD is deeply oversold on what looks like tax loss liquidation by a single seller. Fundamentally undervalued:
- $7.15M mkt cap
- $10.1M in yearly revenue ($2.6M gross profit)
- Strategic partnership with Staples Canada
- Expanding into United States
- CEO hinted at acquisition news in the recent interview
$IGEX Massive DD Huge Potential for a Major Run Personal PT $1+Caren Currier in the wheel house driving this merger
www.otcmarkets.com
Pink Current = unaffected by new SEC/Broker rules everyone is freaking out about. Current before OTCMarkets suggested June30th deadline to ensure survival. This may sound trivial, but it huge!
www.otcmarkets.com
ZERO Liabilities/Debt = see current filings
www.otcmarkets.com
No Dilution for over a year = OTC regularly updated, TA not gagged
www.otcmarkets.com
Small float recently updated on OTCMarkets
Most outstanding shares held by insiders in the company.
Float fairly locked and moves on small volume.
Change of control:
backend.otcmarkets.com
Pending merger and acquisitions acknowledged by company directly in their OTCMarkets profile
"Focus on a merger and some acquisitions" quite possibly lithium related.
Previous to that company hinted:
"Focus on the acquisition and exploration of mineral properties in Nevada"
www.otcmarkets.com
$TONR New Domain Reg / Upcoming Merger and Twitter Updated PT $1$TONR Management has a Roadmap that will likely take this stock to around a $1 sometime next year given the numerous catalysts to name a few:
1. Debt Cancellation
2. Share Cancellation
3. Reverse Merger
4. OTCQB
Their old twitter and Facebook were removed today and OTCM was updated with the new twitter
twitter.com
twitter.com
A New Domain was also registered today as well:
www.whois.com
Roadmap:
twitter.com
$CYBL Multiple Rev Streams + Possible 525% Rev Increase PT: $1$CYBL has MULTIPLE revenue streams we have yet to even scratch the surface on.
FCS = FUTURE COMBAT SYSTEMS
1. FCS Battle Command
2. FCS SOSCOE (System-of-Systems Common Operating Environment)
3. Telecommunications
www.youtube.com
www.youtube.com
$CYBL from the latest info on the Infrastructure Bill, every state will receive at least $100M for #RuralBroadband and underserved areas even more. With #CyberluxITS
@CyberluxCFBD Group, we're primed and ready to deliver in this area. $45M opportunity they've identified here.
twitter.com
$CRWD: Strong Support at the 21-day EMACybersecurity equity valuations are soaring because people and investors realize that they will play an increasing role within company lives as we move further into the digitization of our economy.
Crowdstrike is an attractive investment mainly because of its rapidly increasing FCF and gross margins. Their ARR has also been rapid as they acquire new customers while maintaining relationships with existing customers.
Technically speaking, the 21-day EMA has acted as an excellent support/dip-buying opportunity on the weekly timeframe, as indicated by the chart. With the RSI gradually rising alongside this overall bullish trend, it is indicative of a strong upwards channel.
$CYBR: The Future Is NowCYBR is setting up for a massive weekly/monthly move and I think it's important that traders get positioned for the potential move. Earnings were significantly better than estimates and I suspect they still have plenty of room to grow
Cyber Security and BeyondLSE ISPY ETF
London Stock Exchange - L&G Cyber Security - Exchange-traded fund - Weekly view
In the post-COVID-19 scenario, the global cybersecurity market size is projected to grow from USD 217.9 Billion (£159.3 billion) in 2021 to USD 345.4 Billion / £252.5 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 9.7% from 2021 to 2026. The market's growth can be attributed to the increasing awareness and rising investments in cybersecurity infrastructure across global organisations operating across verticals.
Source: www.globenewswire.com
- ISPY ETF on the LSE since the start of 2020 (644 days) has grown by 85%.
- Time for profit has decreased across this year from 133 days to 63 days (blue) with time of consolidation remaining fairly level (red).
- 50 simple moving average & 200 simple moving average remain very healthy.
- Oscillator is in a flat top ascending triangle (bullish indicator).
- Buy and Sell cloud remains equal with no changes to ATH and lows.
Conclusion
Cyber security is a growing profession and market, as technology progresses so will online trading (stocks, index, futures crypto etc).
With development comes stability, with stability comes confidence, with confidence comes economical enhancement.
Value of ISPY is still very low (less than £20 / $27.36 (as of 15.10.21 at 0723). Whether you are a new to trading or a grounded professional. ISPY would be worth adding to your portfolio.
LSE requires full purchase of stocks.
US/Forex allows for fractional stocks.
IRNT Finding the FloorIronNet is a cyber security firm that is pretty new on the market. Despite its debut being less than three months since the time of this idea publishing it has already seen some big upward movement, followed by a quick fall back to Earth. Was this purchasing by "smart money" or retail traders chasing a quick buck? Not sure of the answer, but a search of forums will show lots of individuals have already gotten burned by this stock. Any seasoned trader knows letting excitement get the best of you means losing money. Buying high after the run up = Holding the bag on the way down.
It is unfortunate when this happens, but until sold, those loses are unrealized... and IRNT appears to have big upside potential.
This chart shows two distinguishable levels of support established in the short time the stock has been trading. Level 1, around the $11.50 mark is most important as it is being tested now. The falling price hit the breaks approaching this mark. If the level holds, I believe we can expect a return to the ATR (blue channel) and upward movement as it enters the green channel.
The next level to watch will be the resistance point established at price Level 2. A breakout of this price signals strong upward momentum, though it may not stick around long on this volatile new issue.
For the long term view, cyber security is a critical and growing industry that will only get more important over time. This means companies will keep spending more on cyber, and that is good news for IronNet.
$CRWD at previous resistance turned supportstrong fundamental play. A bit overvalued but worth taking a look at current setup.
