Double Bottom breakout brewing for CHKP
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 November confirms the pattern and CHKP is reversing its downtrend. 
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-Arthur Hill, CMT
-Arthur Hill, CMT
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