Reasons for bullish bias: - Positive earnings - Daily and weekly support - Weekly trendline - Daily bullish engulfing - 0.5 Fib level Here are the recommended trading levels: Entry Level(CMP): 58.99 Stop Loss Level: 56.48 Take Profit Level 1: 65.06 Take Profit Level 2: Open
Strong momentum on cybersecurity CAGR 20% over the next 3 years on the top line CAGR 25% over the next 3 years for the bottom line
FORTINET heading for $240. Play safe. Regards, Subhash
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...
Maybe I am a bit too early but there are divergences on the chart that show, it could soon get ugly. 29th of July is Earnings Date, which could act as a catalyst. No trading advice, just my own opinion. shoutouts to my mate @TR7z
If a car is a meme, and the gas is $DOGE, then the highway is Adobe. Create memes of meme coins, but first, load up on some $ADBE. You should invest in the tools you use. The bars pattern here is from $FTNT... they're all in the same tech basket. $FTNT is leading, $ADBE $CRM and others are following.
Monthly Strong uptrend Volatile Divergency = overheated. Weekly Downtrend Strong Sellers = not a good time to open Daily I recommend wait and better buy from SR level ( 93-95 OPEN 95 SL 86 TP 140 RR 3.5
Leading Stocks To Watch This Week Go to the Invest2Success Blog and or Contact Me for the Details NASDAQ:LULU NYSE:IPHI NASDAQ:COST NASDAQ:FTNT NASDAQ:AMED $LULU #Lululemon #apparel $IPHI #Inphi #semiconductors $COST #Costco #consumers $FTNT #Fortinet #technology $AMED #Amedisys #healthcare #coronavirus #stocks #stockstowatch #stockmarket...
Watch for a breakout of $149.69. I would wait till pull back after the breakout to be in safe side. 12 months Consensus Price Target: $124.88 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Buy Only for this One... @FTNT Estimated Earning Per Share USD 0.65 Last EPS USD 0.60
Buy Long: Fortinet Inc - Ticker: FTNT - Sector: Technology Industry: Software—Infrastructure Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts Buy Entry: 136.58 to 144.25 Stop-Loss: Available to Subscribers Take Profit Price Targets: Available to Subscribers NASDAQ:FTNT NASDAQ:CSCO NASDAQ:CHKP NYSE:PANW NYSE:JNPR ...
FORTINET shows bearish divergence at the weekly timeframe. Lets see how this plays out.
After long rally and good earning results, $FTNT may need some pull back. RSI's highs getting lower, each price goes up. and there is double top with negative divergence. If you find my charts useful, please leave me a "like". thx
The cybersecurity stock, #FORTINET gained an average of 6.1% in April the past five years. After descent move since 20th March, now it is correcting. #RSI is weak, seems double top is formed. Watch for supports and resistances
Hi Traders :) I am placing a short position NASDAQ:FTNT for the following ; 1- A bullish Bar (2D timeframe) 2- Momentum divergence between W3 & W5 3- I can count 5 waves Loss stop is 97$ Best of luck :)))
Price has broken out once more on July 12th. Ideally, we would like to see price continue to the upside towards $70, followed by the figure 100. This is a stock that I've been watching for a couple months now, and has been gaining bullish momentum despite overall market conditions. Price found very strong support @ $61, before the bullish momentum that resulted...