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FinesseTheWave

Fortinet FTNT Overreaction - What now?

Long
Fortinet, Inc. (NASDAQ:FTNT)  
FinesseTheWave Updated   
NASDAQ:FTNT   Fortinet, Inc.
Technical Indicators Fundamental Analysis Beyond Technical Analysis gapfill gapdown gapup earningsanalysis momentumstrategy momentumindicator cybersecurity rsioversold oversold
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indicator fundamental beyondta gapfill gapdown gapup earningsanalysis momentumstrategy momentumindicator cybersecurity rsioversold oversold
Slightly after earnings Fortinet Gapped down. Which are my favorite kind of stocks to trade because 9 times out of 10 Gaps close.

Fortinet had many analyst reiterate Bullish price targets some up to $70. I'm looking for a retest at $60.

Forecasting out to nov 2nd. The next earnings should be interesting.

Williams, MACD, & RSI are all showing Oversold in this situation. This could be a solid entry for someone to start a small position.

This is not financial advice.

Trade Responsible,
#TradeTheWave 🏄🏽‍♂️🌊
Trade active:
PRICE TARGET REACHED TODAY AT $60.34.

Still looks strong and showing momentum.

Trade Responsible
#TradeTheWave 🏄🏽‍♂️🌊
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