IBD composite rating 91 IBD RS rating 86 Long @ 34.98
A cyber-security company offering tech expertise and SaaS platforms to assess and manage data vulnerability. Tenable’s subsidiaries provide cloud solutions for businesses worldwide, in the education, energy, finance, healthcare, and retail sectors. Tenable, like many small-cap tech companies, operates at a net loss. The company reported a loss of 24 cents per...
Trend start just below, hopefully brings up to around 29 at minimum. Where itll either reverse to continue downtrend to new lows, or eventually rally higher towards 40 after it works through the 34ish range. Red line is stoploss, would set a new all time low and continuation of long term downtrend.
price now testing two channels of resistance
TENB exchange rate correction. Currently in the first wave of ABC correction wave structure. With a support level of 33.5 usd environments. The first part of the rise can be the correction wave. Then the second rising wave of the main wave structure begins. The target price is 39.25 usd.
Security is huge right now in the tech field and I really like what this company does. It looks like it might start running after today's close. I don't like the low volume, but maybe that will change with a close above all time highs.