The AGE of Cybersecurity 🔒 Hello Team!
Here is a fresh look at what we believe to be a large & growing sector; Cyber Security. As more of us are becoming 100% Digital and Currencies such as the Chinese Yuan are going digital we can assume that current trends will continue to develop rapidly. This leaves everyone vulnerable to hacks, cyberattacks, and breaches.
We are looking at stock called: Palo Alto Networks. This specific stock has held strong during these uncertain times in the stock market while other strong stocks have been having corrections. We listed a few buy areas for long-term investors. It's best to dollar cost average in strong stock that you believe will play a big part in the future. The smallest position will be #1 increasing to #3 (Levels which we may never see again, but it's important to note & set alerts as the months and years go on in case we forget about it.)
We would love to hear your thoughts on other companies in this space that you believe will be game-changers!
Cybersecurity
$BUG Good Cybersecurity BarometerIf you like the cyber security space, you can trade BUG or use it as a barometer as it's comprised of names such as PANW , CROWD ,ZS, etc.
I like this fund because... it's cheap. PANW is trading at almost $600 , options aren't cheap (JUN 620c is 28.4 or $2,840 a contract).
However if you wanted to go long on BUG JUN $32 calls they are trading at about 1.10 ($110) !
Technically, BUG has broken down from the upward channel and is currently trading below the weekly 30day moving average.
Bullish Scenario : Price breaks back into the upward channel , in which case an idea would to be go long with an initial PT of $38
Bearish Scenario : Price rejects at the channel / 30day moving average and we see the next leg down with an initial PT of $25
Of course, with each scenario one could go short / long in one of the individual stock names for a higher R/R trade
$NLOK: Putopia HedgeRegardless of what deals are made regarding forces, long NLOK offers a pretty solid hedge against any impending cybercrimes that may linger as a result of the current geopolitical conflict and the citizen's reactions there of. This company is also much less exposed to the drains of inflation compared to numerous other stocks on the market.
PANW - Cybersecurity bullishnessI'm liking how PANW looks for tomorrow. It solidly broke out of a long range earlier today and could have some firepower going into the day tomorrow. This could be great for day trading. Swingers might want to wait for a retest of support to enter, but that all depends on risk tolerance and overall strategies for each individual trader. In other words, YMMV.
I'm watching this closely at the open tomorrow to get in on some of the action. Quick scalps here could be easy with a breakout possibly moving to the $600 mark, or near to it. As always, be careful and watch for signs of sell offs as people may take profits at these higher levels and in the risky market environment we currently live in.
Ultimately, I think that this is the beginning of a potential uptrend and I'll be looking for that retest or a flag to go long. Tomorrow, it's all about that scalp for me.
Fundamentally this play makes sense as well. Cybersecurity should be at the top of every company's mind with what's going on in the world today. CRWD had some great moves earlier today and we could see other similar companies (like the main character of this post) move up along with the rest of the sector.
Time for CRWD to shineHello Friends!
I’m looking for CRWD to test the 200 day ($185) and build that as the new support. Then it should target $206 and consolidate in that zone before the next move.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice . Do your own research.
$CSCOCyber Security at its finest. With all the news of Russian cyber attacks look for smart money to be pushed in this direction.
CHART LEGEND:
white dashed lines = bull/bear takeovers
blue lines = call targets
yellow lines = put targets
red line = danger zone
orange lines = trend lines
green lines = safe zone
any other lines add will be discussed with the ticker
NASDAQ:CSCO
cybersec stocks set to confirm eventual reversal (CIBR)cyber security stocks are like an insurance premium on data centers. the more sensitive the data, the more is paid in general securing it. this etf will do really well when tech is booming. tech should return soon, so cybersec sgould return soon. rsi is about to meet signal for the first time in more than a week. anchored vwap is flattening above price. qqe is long.
PING - Ready for reversal. Heading to $30 rangePING. Great company with strong fundamental in cybersecurity space. Many companies across the globe is adopting PING or ping like solutions.
Never missed earning EPS or revenues so far. WFH has fueled the cybersecurity adoption.
On TA front, it's ascending megaphone pattern and good part is that it's tested out the major support level before reversal. Think it will hit $30 easy in tactical time frame 2- 4 months.
I am very LONG on PING and see good growth in this company from strategic perspective.
One can consider it as BABY form of FTNT.
Note : Above is my personal opinion only and I may be completely wrong. Please do your own DD before any investment.
Regards,
Subhash
$MIME: Email Security While Trust In Big Tech Wanes?As distrust in big tech continues with FB making new lows and cyber security stocks continue to reach out for new highs, the tech hangover from COVID looms large. Mimecast I believe will ultimately find themselves on the right side of technology trends in the future while the rest of the world figures out how invasive they want their online communications to be and how comfortable they are with companies hanging onto their data.
$CTK/USDT 1D (Binance Futures) Symmetrical triangle breakout CertiK has pulled back to demand zone after a strong bullish move, let's join the up-trend here.
Current Price= 2.376
Buy Entry= 2.354 - 2.182
Take Profit= 3.062 | 3.792 | 4.994
Stop Loss= 1.814
Risk/Reward= 1:1.75 | 1:3.36 | 1:6
Expected Profit= +35.01% | +67.20% | +120.19%
Possible Loss= -20.02%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
Websites: www.certik.com www.shentu.technology
Contract:
#Mainnet
#BEP20 0xa8c2b8eec3d368c0253ad3dae65a5f2bbb89c929
Long $OKTA - Ready for next leg upSince IPO Okta has maintained it's growth and it has done that in phases. Looking at weekly chart it looks promising and consistent in 4 year long uptrend.
In 2021 it has mostly consolidated and absorbed last years growth and gearing up for next phase of growth.
Okta has earnings on Dec 1, be careful about position sizing. Try to avoid earnings volatility.
SentinelOne $S, recent IPO breakoutSentinelOne is a cybersecurity company with presence in the US, UK and Tel Aviv. Some of its clinets are Aston Martin, NASDAQ:JBLU , NASDAQ:ADSK and NYSE:FVRR . Its Price/Earnings ratio is negative but had a +120% change in sales from the last quarter. That's the kind of fundamentals I like to see on IPOs.
As is a recent IPO, its stock price is still too volatile. So, even though today's breakout respects all my BUY filters, I got in with half my position sizing. If tomorrow's price action follows through correctly, I'll but the rest. With a stop loss at $69.74, my target sell will be beyond $84.60. When the price crosses that target I'll adjust my stop to breakeven.
IBD Investors gives NYSE:S a 19 in its Industry Rank with a 94 RS rating.
NERD -- Oversold and deeply undervalued IT playNERD is deeply oversold on what looks like tax loss liquidation by a single seller. Fundamentally undervalued:
- $7.15M mkt cap
- $10.1M in yearly revenue ($2.6M gross profit)
- Strategic partnership with Staples Canada
- Expanding into United States
- CEO hinted at acquisition news in the recent interview
$IGEX Massive DD Huge Potential for a Major Run Personal PT $1+Caren Currier in the wheel house driving this merger
www.otcmarkets.com
Pink Current = unaffected by new SEC/Broker rules everyone is freaking out about. Current before OTCMarkets suggested June30th deadline to ensure survival. This may sound trivial, but it huge!
www.otcmarkets.com
ZERO Liabilities/Debt = see current filings
www.otcmarkets.com
No Dilution for over a year = OTC regularly updated, TA not gagged
www.otcmarkets.com
Small float recently updated on OTCMarkets
Most outstanding shares held by insiders in the company.
Float fairly locked and moves on small volume.
Change of control:
backend.otcmarkets.com
Pending merger and acquisitions acknowledged by company directly in their OTCMarkets profile
"Focus on a merger and some acquisitions" quite possibly lithium related.
Previous to that company hinted:
"Focus on the acquisition and exploration of mineral properties in Nevada"
www.otcmarkets.com
$TONR New Domain Reg / Upcoming Merger and Twitter Updated PT $1$TONR Management has a Roadmap that will likely take this stock to around a $1 sometime next year given the numerous catalysts to name a few:
1. Debt Cancellation
2. Share Cancellation
3. Reverse Merger
4. OTCQB
Their old twitter and Facebook were removed today and OTCM was updated with the new twitter
twitter.com
twitter.com
A New Domain was also registered today as well:
www.whois.com
Roadmap:
twitter.com
$CYBL Multiple Rev Streams + Possible 525% Rev Increase PT: $1$CYBL has MULTIPLE revenue streams we have yet to even scratch the surface on.
FCS = FUTURE COMBAT SYSTEMS
1. FCS Battle Command
2. FCS SOSCOE (System-of-Systems Common Operating Environment)
3. Telecommunications
www.youtube.com
www.youtube.com
$CYBL from the latest info on the Infrastructure Bill, every state will receive at least $100M for #RuralBroadband and underserved areas even more. With #CyberluxITS
@CyberluxCFBD Group, we're primed and ready to deliver in this area. $45M opportunity they've identified here.
twitter.com
$CRWD: Strong Support at the 21-day EMACybersecurity equity valuations are soaring because people and investors realize that they will play an increasing role within company lives as we move further into the digitization of our economy.
Crowdstrike is an attractive investment mainly because of its rapidly increasing FCF and gross margins. Their ARR has also been rapid as they acquire new customers while maintaining relationships with existing customers.
Technically speaking, the 21-day EMA has acted as an excellent support/dip-buying opportunity on the weekly timeframe, as indicated by the chart. With the RSI gradually rising alongside this overall bullish trend, it is indicative of a strong upwards channel.