You are looking at a DAILY chart of CYBR. Although I like to use weekly charts in my posted ideas, CYBR recently ipo'd and therefor the daily chart will work just fine for this idea. Please remember that daily charts will give us buy & sell signals that may not last as long as the signals on weekly charts. So keep your eyes on your money... Cyber Security. ...
I love the company CYBR right now, even though I'm not used to buying these newer hot issues, I think this could be a smart one to buy. It's at an official IBD buy point, and it has a nice cup with handle pattern, it's a leader in its group and is in a strong group 7/197. The only concern I have is that it is so volatile. The last base was 25% drop. I would...
CYBR expected to open at 51.45 for a Gap N Go. To learn to trade this strategy for free, go to www.RealLifeTrading.com
3-10 For those who like to buy stocks in uptrends pulling back to support? You need only ask one question. Where is it? Look no further than the green trend lines. Should this issue tag those zones that is where you want to see the stock stabilize. Keep in mind the 50 day simple moving average is also at 130.00 so you see we have three technical piece of...
This is a great opportunity to buy on a pullback to bounce or breakout. Use tight stop or good risk management as a new company but fundamentals looking good and IPOS can lead to big gains...
Long - CYBR late Wednesday reported much stronger than expected earnings and revenue. The recent IPO shot up 16% in late trading to about 39, which would be a record high.