Is the Next Cybersecurity Giant Already Hiding in Plain Sight?At a time when most tech companies are navigating turbulent markets, Fortinet's remarkable Q3 performance tells a story that goes beyond mere numbers. With a 13% revenue surge to $1.51 billion and service revenue climbing 19.1% to $1.03 billion, the company isn't just growing – it's redefining what's possible in the cybersecurity landscape. But the real intrigue lies in the phoenix-like resurrection of its firewall business, which has returned to positive growth after several quarters of decline, suggesting a strategic mastery that few companies have achieved in this sector.
The convergence of three critical factors sets the stage for what could be a transformative period in Fortinet's journey. First, the imminent arrival of the largest firewall refresh cycle in the company's history, set to peak in 2026, creates a rare market opportunity. Second, the company's aggressive expansion into generative AI, now spanning seven different products, positions it at the forefront of technological innovation. Third, institutional investors are taking notice, with Los Angeles Capital Management LLC increasing its holdings by an astounding 3,155.6% – a vote of confidence that speaks volumes about the company's prospects.
What makes this narrative particularly compelling is Fortinet's ability to execute on multiple fronts simultaneously. While most companies struggle to maintain growth in their core business while innovating for the future, Fortinet has managed to do both. The company's CFO, Keith Jensen, notes that the upcoming refresh cycle will uniquely impact mid-range firewalls – a departure from historical patterns that typically focused on entry-level products. This strategic positioning, combined with the company's AI-driven innovation and strong financial fundamentals, suggests that Fortinet isn't just participating in the cybersecurity market's evolution – it's actively shaping it.
The question isn't whether Fortinet will continue to grow, but rather how far its influence in the cybersecurity landscape will extend. As cyber threats become increasingly sophisticated and digital transformation accelerates across industries, companies that can successfully blend networking and security while leveraging cutting-edge AI capabilities will likely emerge as the leaders of tomorrow. Fortinet's current trajectory suggests it's not just preparing for this future – it's already there, waiting for the rest of the market to catch up.
FTNT
Up on FTNT?
As you see here on this 15-minute chart, we are approaching a major trendline. On the daily chart we are about to cross up, the RSI is slowly increasing and is currently approaching the 50 level. As you can see on the last bar of the 15-minute candle, we had a major push in volume. If we gap above the trendline on Monday, I would look for us to retest this level on the 5-minute heikin ashi candlestick chart and wait for a bounce and possibly hold until close.
FTNT - Rising Trend Channel [MID TERM]🔹FTNT is in a rising trend channel in the medium long term.
🔹FTNT surges after double bottom formation break through resistance at 57.16.
🔹supports at 69.50 for negative reaction.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
FTNT - Breakout Rising Trend Channel- FTNT has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate.
- FTNT has met the objective at 66.36 after a break of the double bottom formation.
- FTNT has support at 62.70 and resistance at 69.40.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
FTNT - Breakout Ceiling Falling Trend- FTNT has broken through the ceiling of a falling trend channel in the medium long term.
- The stock has met the objective at 57 after a break of the double bottom formation.
- The price has now fallen, but the formation indicates further rise.
- The stock has support at 63 and resistance at 71.
- The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
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
FTNT, Warning to buyers! Head and Shoulder is forming !Is FTNT's honeymoon is close to end? Lets follow!
FTNT made a massive motive rally from 106.75 to 322 . In this profitable journey it never lost the up going trend line. This strong dynamic support is no more existing! Price broke the line strongly.
Moreover, a head and shoulder pattern at very top of the chart is forming. My experience says that this is a pattern which is really worth to be considered especially after a huge motive rally. Therefore I can strongly recommend not to go long at the moment if you do not want to go short.
Based on Elliot wave pattern, corrective wave 4 may have started and it may push down the price to 240, 215, 190 and even 154 USD corresponding to 0.382, 0.5, 0.618 and 0.786 retracement of the mentioned up going rally respectively. Currently I give more chance to 190 but we can update the target later based on structure of the possible down going corrective wave.
A good entry point can be breaking the neckline ( if it ever happens) shown on the chart. If we decide to go short we set our protective buy stop at ATH or minor high after ATH depending on how much loss we can tolerate.
We always trade based on fact and figures not hopes and wishes.
Good luck every one !
FTNTFortinet, Inc. (FTNT)--- they’re in the cybersecurity biz, and the seasonal calendar is setting up pretty well for this stock. The stock has been riding the top of the Bollinger Band channel for almost 3 weeks now, there ‘might’ be some profit taking soon and it ‘may’ pull back some. You’ll notice that the 20-day moving average within the 2 standard deviation Bollinger Bands seems to act as a decent support this year....while tracking above the 50-day Moving Average that many swing traders follow to determine risk on/risk off. Another point, you might want to see the stock pull back into an oversold zone like the one demonstrated with the RSI. Personally, I’d look for a slight pullback into the $210-ish price zone region, then I’d consider my choices in regards to initiating a bullish position.
You can use Adobe to make $DOGE memes.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.
Spinning Top pattern (short opportunity)Playing game is enough get ready to go back to business..!
Potential price drop: 10%
Reward/Risk:5
Timeframe: 1-2 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!