CYBR trade ideas
CYBR- Pennant formation short from $47.23 to $50.43CYBR seems broken down from a pennant formation. Moneyflow just plummeted to the negative side. We think it will continue down & reach Pennant formation target.
* Trade Criteria *
Date First Found- May 15, 2017
Pattern/Why- Pennant breakdown
Entry Target Criteria- Break of $47.23
Exit Target Criteria- $38.63
Stop Loss Criteria- $50.43
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Cyberark Software - long term wedgeSetting up beautifully in a longer time frame setup, looking for a breakout
Double Bottom PatternDaily Chart
Forming Double Pattern
You may choose take long position now
If Resistance is broken price may jump higher OR
Price may come down to form double top
(DE) Good earnings and support in bullish channel.Stick with the trend. Potential resistance near with R1 pivot.
MACD, RSI and OBV supporting confirmation. Stalk an entry.
Obey your rules.
Retracement nearWe are coming close to the 38.2 % retracement level below which I see a resistance level.
$CYBR Breakout?This is one of my favorite stocks heading into 2016. If theres a breakout from this with volume.....BUY!
CYBR Cup and HangleBought at $71 after a close over the break out price of 69.10 from a cup and handle. Looking for a target price of $85.00
