dorfmanmaster

Cybersecurity ETF - Huge volume spike

Long
NASDAQ:CIBR   First Trust NASDAQ Cybersecurity ETF
Technical Analysis:
  • CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019.

  • The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish.

  • 10sma is short-term support - $29.3

  • All time highs is short-term resistance - $30.7

CIBR top holdings:
  • VMW - 6.64%
  • PANW - 6.63%
  • AVGO - 6.15%
  • CSCO - 6.03%
  • OKTA - 5.12%
  • FEYE - 3.50%
  • FFIV - 3.32%
  • SPLK - 3.18%
  • JNPR - 3.18%

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