Enter when price clears 69.07 With daily volume greater than 4M Target: 75.50 area Depending on your risk tolerance: 66.93 gets you 3/1 Risk/Reward
- FTNT has broken through the ceiling of a falling trend channel in the medium long term. - The stock has met the objective at 57 after a break of the double bottom formation. - The price has now fallen, but the formation indicates further rise. - The stock has support at 63 and resistance at 71. - The RSI curve shows a rising trend, which could be an early signal...
Strong momentum on cybersecurity CAGR 20% over the next 3 years on the top line CAGR 25% over the next 3 years for the bottom line
Fortinet's GAAP profit margins are higher than peers. Margins remain in line with the prior year. Fortinet reported a good quarter that saw revenue grow 29% and operating margin around 25%.
Although there is a cup-handle formation in the graphic, the targets are determined according to Fibonacci. Let's look for at least two closures above 53.90.
under most MAs testing 50 big high vol reversal 6 days ago, followed by a mild bounce and faded. bad earning drop with no reason bounce with market. RISK: CRWD earning today, risky
The PEAD projected a Bearish outlook for $FTNT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
100 SMA holding up nicely on the weekly for FTNT . This is a big distribution pattern. It will take a while to break out , but overall trend is bullish
Price appears to have landed at the 1.113 of OX. Possible stop under C, or the 1.113. No recommendation. ZS had a beat so Cybersecurity is booming today. No recommendation Stop below 47.30
Fortinet is a big player in cybersecurity with strong revenue growth and rapidly growing demand for its services. In the very Long-term, Fortinet should do well. However, FTNT's technicals are signaling weakness on a more medium-term basis. The last year of FTNT price action has led to a rounded top formation. One could also argue that Fortinet shows signs of a...
This stock is played by investment bankers and trading bots! Their future outlook is based on infinite growth, but the truth is this is an extremely overpriced company and the future equity market condition isn't optimistic. Stay away from investing in this company! This is my personal view and not a financial advice! NASDAQ:FTNT NASDAQ:NDX TVC:SPX NASDAQ:TSLA
Notes: * Strong up trend on all time frames * Great earnings track record * Basing for the pas ~9 months * Moving higher from its launch pad with higher than average volume and another quarter of better than expected earnings * It's also breaking out of an ascending triangle Technicals: Sector: Technology - Software - Infrastructure Relative Strength vs....
Don't be fooled! Future cashflows are doomed to be low. NASDAQ:FTNT
The PEAD projected a Bullish outlook for $FTNT after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
watch out below on this one, no support its about to free fall
A bullish swing trade? Bouncing of EMA10. Target is 1.2x