I like the idea of keeping 10% in this ETF, and periodically selling calls OTM each month as a way to generate extra yield on the capital allocated to it.
The recent Vulkan Files leak might serve as a short term catalyst, but the technicals were already favoring strong upside from this base before, and broad market conditions favor a bull market resurgence.
Best...
Cybersecurity has been one of the hottest industries in the US stock markets in 2020-2021. Stocks like Crowdstrike (CRWD), Palo Alto Networks (PANW), Zscaler (ZS), Fortinet (FTNT) and SentinelOne (S) have been innovative disruptors reshaping the cybersecurity arena. I have been a fan of many of these outstanding firms, their growth prospects, and technology. ...
Very nice breakout on volume for this security related ETF. The $60 level would probably act as a bit of resistance. A pull back to $58-$57.50 area would offer a nice R/R entry. Worth keeping an eye on.
Possible stop under C.
The simple ABC correction is a measured move down chart pattern nested inside a measured move up. In this correction pattern, C can not below A. If it does, you are looking at a different pattern. If C is equal to A then you may have a double bottom. D is the target and it is possible that AB can equal CD, but leg CD can also be...
4 ETF's to buy and hold for Long-term growth:
$HACK - Cyber Security ETF
$QCLN - Clean Energy ETF
$QQQ - Large US Company ETF
$FDIS - Consumer Discretionary ETF
If you are at all concerned about cyber security in the fast changing
and some say extremely dangerous global communications world
we are living in today, then why not invest now
in the companies that are trying to fight off malicious acts of terrorism
and safeguard our critical infrastructure and financially secure networks
here in the United States, and...
HACK:
1) Long term Bullish, see weekly chart
2) Short term Bearich, but have bottomed out: Why
a) 50/50 RSI is about to cross from below upwards
b) Prices have break through the kumo-cloud
c) prices closed at the top 25% of range on 2 consecutive bar
d) Indicators are all labelled red
Action: I will go long when all of the following are lined up:...
Although I spend a predominant time with Technical Analysis, I believe the fundamentals will be strong for Cyber Security stocks. I will be going long this sector.
We are becoming more and more dependent on the internet. Along with this increased dependence the social desire for cyber defense will grow. Even at high costs the demand and necessity will be strong.
A single company will not monopolize security of the internet - it's too big and too complex - but I do think a broad index of companies building the "immune system...
Great ETF if you believe that cyber security is going to be big industry, I do. Things looking good on the weekly chart; if you look at the dailies there may be an entry position coming soon...
