Hello Traders,
For CMT we are inside this downtrend channel, we have bullish divergences on RSI, but we are close to this Resistance line, I not enter long in this asset until we break this line and show us a bullish signs like some acumulation above the resistance or pullback to this line to test as support.
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CyberArk is a smallcap security company offering Privileged Account Security ( e.g. financial services, energy, retail, healthcare).
Cause of the Covid19-Crash the Cybersecurity section crushed down to -33% but we are seeing fast recovery in the Cyber Sector recording to the First Trust NASDAQ Cybersecurity ETF (Blue Line).
I expect that Cyberark is going to have...
Switched to the daily for this pattern. Looking at a cup and handle into earnings. After a breather this past year, cyber is becoming another hot topic with the election. Pay attention to this as the next 2 weeks go. Im a buyer on volume
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