FEYE Cybersecurity play Dont know about you but this is $60 stock to me. Nice flagging formation, above key MA levels. Nice golden cross in December.
100-200% runner imo
DYODD
Cybersecurity
Potential of butterfly harmonic patternAB=0.78 XA
BC= 0.68 AB
CD=1.6 BC
D point could be start of wave 3 to 140$
$PLTR breaking out of resistance$PLTR Broke out of upper resistance today. It is still facing slight horizontal resistance but in my opinion it could start running if we get a broadly bullish day.
Price rise as volatility drops?Hi. The Volatility of the Symbol MAGS has for the first time since the turn of the year lowered from a high level down to a center level.
At the same time the MACD is currently crossing its signal while below the MACD 0 value.
The price has also had steady highest lows since the start of the year.
It could be construed that the lowest highs since the spike at the start of February create a triangle together with its corresponding bottom line, but the top line in this triangle is not as clear or strong as its bottom.
The price is currently dancing over the MA 56 after dipping below since the start of March but as the price approaches the tip of the triangle and if the price breaks out of the triangle top line it will also stay above the MA more consistently.
The RSI is currently high, at a value of around -30, but that value is consistent with past price increases which have held a high RSI even as the price has increased over a longer period.
The example long trade shown has a TP that lies just below the high price of the 5th of February spike and a SL just below the low of the 8th of March and a buy line at the crossing of the triangles lines.
Oh, and MAGS is a company that deals with security installations at borders, airports and other sensitive installations. As passage of travelers is increasingly allowed throughout the coming year demand and interaction with systems like these will increase and be amplified by the needs of increased security screenings in both areas of transportation and governmental institutions. Just a thought.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
FEYE UpdateI have been very very patient with one. I still think its a $50-60 stonk.
Cyber security is a hot industry. FEYE is a great cybersecurity company. It has not caught momo attention yet but it will. Flag look gorgeous, long term bottoming pattern looks terrific. It deserves a move to $55.
$CRWD levels to watch, strong earnings beat$CRWD has posted another incredible quarter, and during a heightened time in cyber security. Once $QQQ settle with interest rates, this thing will be at ATHs. Love this name, price needs to confirm though!!!
The MACD bar part is turning green with a positive divergencethe short-term target could be 17.5 or 20
T-minus 7 days till FEYE reaches apex of pennantGo long FEYE. It appears to be building significant strength. Hopefully, this launches past resistance within the next 7 days. A shortened trading week this week will hopefully result in pent-up trading demand being unleashed. Don't forget there is still somewhere around $5 trillion dollars in money market funds waiting to be deployed in the stock market.
Telos Corp, a buy option It has a support level at $34 and resistance at $40, currently trading around $ 37.
Touching its 55-period EMA.
In uptrend since December.
Belonging to a sector with future potential (cybersecurity).
With low volume waiting for a strong movement.
It can hit the $50-60 range during this quarter.
Among its main customers are the Department of Defense, Department of Homeland Security, Department of State, FedEX, Citi, Amazon, Salesforce, Microsoft, among others.
Backed by institutional investors like BlackRock, Vanguard, Goldman Sachs, Wells Fargo, and Citigroup.
"Telos Corporation is a provider of cyber, cloud and enterprise security solutions for the security-conscious organizations. Telos Corporation is based in ASHBURN, Va."
* It will report fourth quarter and full year 2020 financial results after the market close on Thursday, March 4, 2021
NASDAQ:TLS
Buy FEYE on this weaknessEarnings didn't entirely please analysts so it has been trading down ever since but that's folly in my opinion.
Fire-Eye is the best cybersecurity play in the Small-Mid cap range; Crowdstrike has gotten too far ahead of itself for me to be comfortable buying at those levels.
Go long FEYE
Short-term Price Target: $25
Mid-Point: $30. (sell half)
Long-term Price Target: $35
CRWD over 224.00Two hammer candles on the daily and breaking out of a descending broadening formation. Looks ready to test ATH.
CRWD over 221.47Great relative strength on this name considering market conditions. Will need to see how that sustains in the upcoming week. This entry point should confirm a break out of this descending broadening pattern and clear the high-volume node above.
$ZS - Bullish Exploration of even more ATH'sRevisiting $ZS after our incredible first trade on it.
Now that we've established new highs, this opens some further targets for continuation.
Trend looks healthy - but I would like to see a pop above the pitchfork midline 👍
TG1: 226.38
TG2: 237.69
TG3: 244.68
Invalidation under: 208.08
Leave some feedback below if you have any!
And don't forget to like and follow if you'd like more 👍
CRWD- One of the leaders in cloud endpoint securityCybercrime is expected to cost the world $10.5 trillion by 2025, making it the 3rd largest economy.
Recent SolarWinds attack reminds us that cybersecurity will continue to be one of the most important concerns federal govt, SMB and big enterprise pay attention to. Federal budgets devoted to cybersecurity will likely to increase and CAGR of the cybersecurity's TAM is likely to accelerate in the foreseeable future as well.
CRWD has outperformed many of its competitors recently and will likely pursue more partnership alliance and acquisition down the road. It is one of the leaders in cloud endpoint security, a niche area within cybersecurity space, and will likely remain so as it continues to expand product offers outside strictly endpoint/workload protection.
Start of the Bull Run for Cyber Security stocks?In the early Dec 2020, FireEye, a top cyber security firm, said it was hack. About a week later, Solarwinds NYSE:SWI , an IT firm that provides software for companies like the Fortune 500 and the US government was also reported being hacked. The series of the hacking events stir up huge interest back to the cyber security stocks.
Is the rally for cyber security stocks sustainable? Or is it just for swing trading by tapping into the hacking news as catalyst? How about position trading (aka investing) for this sector? To answer these questions, let's take a closer look by analyzing the top 4 ETFs such as AMEX:HACK , AMEX:IHAK , NASDAQ:BUG , NASDAQ:CIBR and some of the outperforming stocks like NYSE:NET , NASDAQ:ZS , NASDAQ:CRWD , NASDAQ:OKTA , NASDAQ:TENB , NASDAQ:VRNS , NYSE:CALX , NASDAQ:ALRM , NSE:SAIL , NASDAQ:RPD , NASDAQ:FEYE and NYSE:PANW .
FireEye Rally on SolarWinds HackFireEye, CrowdStrike and Other Security Stocks Rally on SolarWinds Hack
Security-software stocks were flying high Friday, as investors anticipated a pickup in spending in response to widespread damage
FireEye, U.S. Agencies Affected By Cyber Attack On Solar Winds Software
The security-software firm said a “global intrusion campaign” is making use of a tainted update to SolarWinds IT-management software.
Continue reading from the cyberattacks on SolarWinds believed to have been orchestrated by Russia.
SolarWinds (ticker: SWI) has said that close to 18,000 customers were left vulnerable in the incident that has affected a range of U.S. government agencies as well as commercial clients.
That means cybersecurity spending could be “poised to accelerate” on intrusion and containment fears
The incident was first identified last week by FireEye (FEYE), a victim of the attack. While FireEye shares initially tumbled on the news as investors worried that the hack could severely impact its business, the stock has since reversed course and rallied almost 32% on Friday. Other security software stocks are also trading higher, with substantial gains for CyberArk (CYBR), Fortinet (FTNT), Mimecast (MIME), Palo Alto Networks (PANW), Proofpoint (PFPT), Qualys (QLYS), Rapid7 (RPD), Tenable (TENB), Varonis Systems (VRNS) and Zscaler (ZS).
www.barrons.com
FEYE over 15.29Nice IH&S setup with a big move that didn't hold, may need to find support before trying again.
$CSCO EARNINGS BEAT! WILL WE RUN?Huge GAP on the daily? Ill breakdown what we gotta do to get there, and what that could looking like in options of equity
$PLTR Earnings Call Announcements is Crucial (Potential $20)Palantir will report its first earnings report since the IPO on Thursday Nov 12th.
Analysts expect the company to report $279.32M in revenue and $0.03 EPS.
Before it went public, Palantir guided Q3 revenue of $278-280M, up 46-47% Y/Y, and operating income of $60-62M.
For the year, PLTR forecast $1.05-1.06B in revenue (+41-43%) with operating income of $116-126M.
The company expected 2021 revenue growth above 30%.
Palantir shares are up 1.9% to $14.95 and have popped 39% in the past week on a potential tailwind from the Biden administration, which could lead to a cut in defense spending and send those clients towards lower-cost alternatives like Palantir software.
(Source: Seeking Alpha)
With the recent news of Palantir supporting not only the United States but the United Kingdoms as well in tracing COVID-19, along with Tracking COVID-19 vaccines for the DOD... Palantir continues to show its importance to the public along with attracting even more investors.
If Palantir exceeds earnings expectations this could cause the stock to continue to spike massively... potentially reaching $20.
But keep in mind, with the way the market has been reacting to earnings calls... don't be surprised with a minor pullback back.
Either Way... We are at a crucial pivot point for Palantir. If you truly believe in the company.. you know what you have...
Bull and bear cases To go long: I would want to see it first over this trend line, then over the major (march low to recent high) .786 fib, then preferably over the VPOC in red and .618 minor fib (Recent high to low) in black. The alternate bull case is a cup and handle with a run into earnings, bullish accumulation/distribution as shown below.
CrowdStrike Has Pulled BackOne of the main features of the market lately has been a rotation to non-megacap technology names. Zoom Video Communications, Twilio, Roku, Snap, Pinterest, Zendesk, Etsy, Match, Digital Turbine, Appian, Fiverr and others (including solars) have all shot to new highs lately. Meanwhile the biggest names like Amazon.com and Apple have drifted since the Nasdaq-100’s overbought top in early September.
CrowdStrike could be a member of the “new name” club because it only went public in June 2019. The cybersecurity stock rallied along with other software companies between March and September and has been consolidating since.
Four potential patterns are now appearing on its chart.
First, CRWD’s stochastics have dipped to their most oversold levels since March.
Second is the price zone around $130-131. It served as resistance at the top of a bullish triangle September 4-18. CRWD then broke through it and bounced above it on September 24. Prices have now returned to that same area.
Third, CRWD has pulled back to its rising 50-day simple moving average (SMA).
Fourth, momentum has been bearish over the last two weeks. But recent candlesticks show several potential reversal patterns: inside day on October 23, outside day/spinning top on October 26 and another inside day on October 27. Is it trying to stabilize, potentially allowing the longer-term uptrend to continue?
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