MIME entry: Fundamental and Technical analysisFundamental metrics
- Gross margin > 70%
- Just entered profitability with a net margin of 0.04%
- Revenue growth 25.4%
- Rule of 40 = 0.04+0.04 = 25.4
- Free cash flow growing slowly
- The net revenue retention rate of 111%. Existing customer base alone has added 11% of revenue for the year ended 2019. 1100 new customers which is about a 30% increase
- Financial health is a concern with a current ratio of only 1.04, interest coverage of 1.04 and a Debt/equity of 0.82
- Structural tailwinds due to growing adaption of cloud services and network hacking.
- An organization would spend more funds on ensuring cybersecurity, detecting threats and protecting data. Remember, data is the new oil.
TA,
- Lower Bollinger band accumulation
-4H/Daily RSI buy
- 5EMA trending up
- 0.5 Fib support
- Daily level support
- Ascending wedge?
Cybersecurity
Cybersecurity Stock Increases EarningsCybersecurity Stock Increases Earnings
Go to Invest2Success Blog and or Contact Me for the Details
NASDAQ:CRWD
NASDAQ:MSFT
NASDAQ:FEYE
$CRWD #crowdstrike $MSFT #microsoft $FEYE #fireeye #technology #semiconductors #coronavirus #financialforecast #stocks #stockstowatch #stockmarket #wallstreet #nyse #sp500 #investing #investors #trading #traders #elliottwave #markets #finance #economy
Cybersecurity massive volume!On a minute chart, there was a buy trade for 266,069 shares; creating the biggest volume spike in this ETF's short history. (check volume candles on chart).
As we see the volume spike on a specific minute (10:48am ET), we can assume the trade was made by probably 1 institution/person. This means this individual created a position of 5 million dollars with a single trade into BUG.
10sma towards the $19 range shows short-term support.
Top-10 Portfolio holdings by weight:
OKTA (8.4%)
FTNT (8%)
ZS (6.93%)
Trend Micro Inc (6.09%)
CHKP (5.69%)
NLOK (5.63%)
QLYS (5.61%)
PANW (5.23%)
AVST (4.89%)
PFPT (4.79%)
Total % weight: 61.26%
Fortinet $FTNT is stalling?After long rally and good earning results, $FTNT may need some pull back. RSI's highs getting lower, each price goes up. and there is double top with negative divergence.
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thx
CYBERARK SOFTWARE: The Underdog of the CybersecurityCyberArk is a smallcap security company offering Privileged Account Security ( e.g. financial services, energy, retail, healthcare).
Cause of the Covid19-Crash the Cybersecurity section crushed down to -33% but we are seeing fast recovery in the Cyber Sector recording to the First Trust NASDAQ Cybersecurity ETF (Blue Line).
I expect that Cyberark is going to have a big bound upwards. Your Christian S.
FORTINET #FTNTThe cybersecurity stock, #FORTINET gained an average of 6.1% in April the past five years. After descent move since 20th March, now it is correcting. #RSI is weak, seems double top is formed. Watch for supports and resistances
Cyberark Monday Special 38.2% offLimit Entry $65ish @ 382fibretracement for cybersecurity stock. Get your flu shot now to prevent stuff.
CYBR **
RPD *
MIME
CTL
MOBL
CYMC
KEYW
HACK
AKAM **
NASDAQ:OSPN
FEYE
VRNS
CTXS
LOGM
FireEye Tries to Bounce Following Golden CrossCybersecurity innovator FireEye has been trying to stage a turnaround in the last few months.
The stock went through years of weakness after a high-profile IPO in 2013, but new products have helped drive growth more recently.
Takeover speculation initially lifted FEYE in early October. This was followed by an apparently promising analyst day on October 10 and a decent earnings report on October 29.
FEYE rallied at the time, lifting its 50-day simple moving average (SMA) above the 200-day -- a "Golden Cross" chart pattern. It's now pulled back to the 50-day SMA and held its July peak above $16. Some traders may want to watch those levels for risk management.
FEYE may also appeal to some investors on a valuation basis because it trades for less than 5 times revenue, far below the multiples of most software companies.
Palo Alto Networks - buying dip?FUNDAMENTAL
PANW earnings guidance lagged its forecast, creating a 12% decline after hours.
Palo Alto said that it has agreed to acquire Aporeto, a machine identity-based micro-segmentation firm, for $150 million in cash. The company said its earnings projections include net expenses related to the proposed acquisition.
TECHNICAL
Both the 50sma and 200sma are working as support after the earnings report took PANW 12% after hours.
The 50sma is also looking to break the 200sma. Crossing of the 50sma over the 200sma could be a bullish confirmation of a healthy uptrend.
Will enter position if we can stay above the SMA's and enter the channel, formed by the most recent gap.
**Next short-term resistance area --> $228-$230.
VMware breaking its 200sma - beware...I am looking to enter a position in VMW, as it just crossed the 200SMA with good volume, and an uptrend RSI and OBV.
They report earnings November 26th, 2019; after hours. So be aware of the event. We will get a better understanding of how much it will move closer to earnings.
CIBR, which is an ETF of cyber-security is trending higher.
Analysts have a bullish fair value around $194.
***
The $COMPX (Nasdaq Composite) has strong technical RSI and OBV as well, but there was a bearish flash warning called the Hindenburg Omen, activate recently. Basically it means, that while there are many stocks near all-time-highs, there are also as many at all-time-lows, which is seen as a bearish indicator.
So I recommend a balance between tight stop-limits as well as selling at least 50% when we reach the first profit-exit goal.
Cybersecurity ETF - Huge volume spike Technical Analysis:
CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019.
The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish.
10sma is short-term support - $29.3
All time highs is short-term resistance - $30.7
CIBR top holdings:
VMW - 6.64%
PANW - 6.63%
AVGO - 6.15%
CSCO - 6.03%
OKTA - 5.12%
FEYE - 3.50%
FFIV - 3.32%
SPLK - 3.18%
JNPR - 3.18%
LONG VRSNExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
LONG CYBRExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
PANW - Cyber Security, One of the Best in BreedI’m watching Palo Alto networks for a breakout. My stop will be a close below the .618 fib, double bottom, and trend line support. This company is one of the best out there and like my other idea on $CYBR, the need for cyber security is NOT going away anytime soon.
Be sure to drop a like and a follow for more ideas!
LONG CYBRExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Sell Broadcom on this Symantec Acquisition, $20B Down The TubesBloomberg broke the news on Wednesday July 3rd, 2019 that Broadcom is in talks to buy struggling Symantec. This is a terrible idea on many fronts and $AVGO closed down 3% on the news. I believe that investors do not want this semiconductor company to waste $20 billion on a cybersecurity company (and why pick the one that seems to be struggling the most?). Certainly makes sense that we head lower over the next few days/weeks.
A few references:
AbbVie buying Allergan - stock closed down 15%
Salesforce buying Tableau - stock closed down 3% (but it hasn't dropped further)
$TREP Huge Revenues and Net Profits for 2018 TBA SoonIn 2017 Financials were $8 Million in Total Revenue, Gross Profit was over $3.2 Million and Net Profits were $602K.
$TREP Does not dilute and does not convert
$TREP has Total Revenue of $6.9 Million in the first 9 months of 2018.
$TREP being a PEO has Prepaid Workers compensation Assets of $19.9 million.
$TREP Total Assets are $21,884,236
I do believe the company will be releasing a shareholder update very soon on its operations and future goals for this year. The chart is starting to also show a slow and steady uptrend.
$CYBF Cont's Up - Acquisition of Just Content N Vivio Rebranding$CYBF Has consolidated from its highs of .89 last month after the massive shareholder update listing several upcoming catalysts for the company. Namely the Acquisition of Just Content Software and the Rebranding of the Vivio App. The Cyber-fort Twitter has been very active and the company is working behind the scenes to get everything done. I anticipate major updates on its upcoming business goals in the next month most likely the middle of January next year. In anticipation of this I also anticipate the PPS to increase from here to around $1.00 by the time anything major is announced. At the current PPS this is a steal imo and close eyes should be kept on the company for further updates as the year draws to a close.
