Up trend from 2008 till now with an increase of 450 % in 11 years. Good buy spot here imo, long from 116 USD.
NASDAQ:CHKP - HACK led the tech-related ETFs in October with a surge and breakout. CheckPoint CHKP, which is part of the cyber security group, is joining the party with a break above the Sept high. Also note that lows in the 106 area formed a Double Bottom of sorts from August to early October. At the very least, this is a base of sorts. The breakout here in...
Hopefully it bounces first in the morning and then sell short below the daily VWAP
CHKP is one of the few stocks that has breached its previous all-time high, corrected mildly and then resumed the uptrend to new higher highs. The stock has a mixture of retail traders, pro traders and mild Dark Pool accumulation at times. The momentum will stall intermittently with profit taking from professionals.
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Checkpoit looks like a short A break of 200 days and a break of the Ichamoku cloud increases the chances of short and Mid -term .
The price is going down, the phase is changing from 2 to 3. RSI is going down to. Don't buy and sell.
Handle could form better but clearly this is setting up, not confirmed
CHKP: check point software 2018-07-25 05:00:06 Detected possible stock repurchase
CHKP broke out of trendline resistance, RSI b/o, MACD crossed over zero line bullish, Vortex Indicator crossed over indicating possible trend reversal. Close up of price action on chart below. Resistance likely in 105 area, bottom of gap above at 110 area. Two possible options trades shown on chart, depending on taste and whether or not you want to play the ER,...
This is my first forecast / first time publishing something here. It's a busy chart, but the explanation is there. If the forecast holds, then this will be a good short opportunity.
Buy: 105.00 Target: 107.56 - 111.70 (2.44% - 6.38%) jbzstocks.com @jbzstocks
Check Point Software Technologies Ltd (NASDAQ: CHKP) is certainly giving signs for Loss Of Momentum at the top as per TTC Breakdown Formation. The Low of 115.14 is very critical for now to hold the breakdown. If price manages to sustain below this Critical TTC Zone , we can see a heavy selling in the markets. For Short-term targets, Trader should eye on ...
CHKP is at major resistance and inside a corrective structure. Looking for downside.