FEYE Current outlook on the stock is negative with trend-lines pointing downwards. The only hope for the stock would be a breakout of the longterm downtrending channel.
FEYE
short term trade on FEYE80% of the time, gaps fill and 80% of the time the trading vehicle will revert back after filling the gap.
18% return approx: timeframe uncertain
FEYE gapped down on the good news of announcing the sale of their products business for $1.2 billion so they can focus on SaaS/cloud and a $500 million dollar share buyback program.
Funny how the market acts nowadays, AMC dilutes their shares (normally terrible news and usually results in bad price action) and it skyrockets, while FEYE announces a good business strategy while taking in cash to retire debt and focus the business AND a share buyback program all should have resulted in good price action, but its 2021, new market.
The market is a mystical beast that is constantly changing but one thing for sure is gaps fill (80% of the time).
cybersecurity stock to watch this week FEYEFEYE has been building a base for almost 5 months now in the form of a bullish pennant and is just beginning to break out.
The reason FEYE is different than CRWD is that they are more of a service in times of crisis than a monthly/yearly subscription to the software (although they do that as well and are involved with cloud services). They are the crisis team that comes in after a serious cyber attack or other cybercrimes to seal the leaks and right-size the ship. They were who the Colonial Pipeline called in after the serious Darkside attack and reportedly were the first to detect the SolarWinds breach. Their services will, unfortunately, be in high demand as entities like Darkside sell malware/ransomware (RaaS=Ransomware as a Service) and provide services to other hackers so that any average Joe with minimal computing experience can put the screws on any small, medium, or large company for ransom.
In other words, CRWD focuses on preventing breaches while FEYE excels in the case of a real breach that has already occurred which has become extremely prevalent as cryptocurrency provides shelter for these groups to operate at a large scale.
"The bigger the base, the higher the space"
Technical set-up is there, fundamentally it trades at a tenth of the Price/Sales of CRWD (much better value), and macroeconomically the Total Addressable Market is expanding by the day & cybersecurity/companies like Fireeye have never been so necessary.
Monthly and weekly bull flags. I like these... These stocks aren't related in the slightest, but they both have a very strong look to them.
Last analysis on FEYE:
#FEYE - Long targets 30$-35$ - Great flag pattern in progessAfter moving into a flag from end of December 2020 to half March 2021, the price has been going sideways from March 15th, using 19$ as strong support area and 21.5$ as support.
Within this channel the price has rebounded on support with volume on Apr 29th and May 13th and in my pinion is going to attach the 21.5$ resistance again in few days.
In my personal opinion the price might break this resistance and re-enter the green ascending channel in order to attack the first bullish target of 30$ (this is the target given by the pole extension of the flag) and then to head to the second target of 35$.
The 35$ area is the area where the fibonacci expansions projection falls.
Nobody knows by when this might happen, but having no rush I wait, with patience, until these two technical targets are reached, making the two patterns complete!
FEYE, Can go for Long. It broke out of the channelFEYE, Can go for Long. It broke out of the channel.
Price Action
$FEYE Long set upGigantic flag/accumulation after december pump, price slowly decreasing with low volume, great retest of previous S/D + Golden ratio. I like entry here at $21 aiming at least up to $28-$30 level. For options, look for leaps.
Look at FEYE(This is not financial advice)
Hey guys, this is a quick look and TA on FEYE that I decided to take a look at. FEYE has flown under the radar on the technology sector but is a very solid company and I am confident in it for the long term. Short term it seems to be bouncing off this bullish flag as well as the Fib Retracement pretty well. Along withe fact that on the Volume Profile it is a bit below the average and looks to be making a move back up after bouncing back up. I like a buy on this stock for a short or long term hold in the 17-19 range. While the market has been bloody recently I am not bullish on it currently but I see it making another big drive up in the next big bull week for tech.
Let me know what you guys think and what other stocks I should take a look at. If you a agree/disagree let me know in the comments and drop and like and follow!
Thanks!
- Vlaire
FEYE Cybersecurity play Dont know about you but this is $60 stock to me. Nice flagging formation, above key MA levels. Nice golden cross in December.
100-200% runner imo
DYODD
FEYE UpdateI have been very very patient with one. I still think its a $50-60 stonk.
Cyber security is a hot industry. FEYE is a great cybersecurity company. It has not caught momo attention yet but it will. Flag look gorgeous, long term bottoming pattern looks terrific. It deserves a move to $55.
All the way up🏁
Here you guys saw my previous idea about this financial instrument
However this flag became drawn-out. Three touches of support and resistance zones has happened.
So now there was a breakout. Possible retest of a new support zone is expected.
And there are 2 possible price targets.
Follow the chart and look for the breakout carefully.
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T-minus 7 days till FEYE reaches apex of pennantGo long FEYE. It appears to be building significant strength. Hopefully, this launches past resistance within the next 7 days. A shortened trading week this week will hopefully result in pent-up trading demand being unleashed. Don't forget there is still somewhere around $5 trillion dollars in money market funds waiting to be deployed in the stock market.
FIRE EYE - $FEYE - Will it FIRE into Wave 5?The Cyber Security issue is a huge thing these days. FEYE is a company that deals with this shit...
I see a clear Wave 3 up followed by a nice smooth wave 4 down
The Gator is Sleeping and Box is Tight
Meanwhile, on the AIMS Wave (the Awesome Oscillator) we have a Peak of 3 and cross of ZL.
Price is above the purple
Entry: Above the BOX at $ 22.41
Target 1: 24.70
Target 2: $26.95
Company Profile
FireEye, Inc. operates as an intelligence-led security company. The firm engages in the intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other. Its solutions include Enterprise Security; Managed Security; Threat Intelligence; and Industry Solutions. The company was founded by Ashar Aziz in February 2004 and is headquartered in Milpitas, CA.
All the way up🏁One more idea for today, wolves🔥
Great opportunity to make money! There is a flag formation on big timeframe. So there is a big possibility of growth on this instrument.
The price is heading to breakout but it may bounce from the resistance in short term.
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And always remember: "we don't predict, we react".
FEYE showing volatility squeeze on the 1WFEYE is at a pivot point in the current trend. If the share price is able to regain support above the upper resistance (green uptrend channel), it has the potential to challenge the price trend from ATH levels.
The projected buy zones are indicated by the green rectangles.
The upper buy zone triggers when a daily candle is able to close over the above volatility squeeze indicated candle on the weekly chart ($22.64).
The lower buy zone triggers either when price action has fallen below the current green uptrend channel and regained support within it. Or if the price is able to find a base without breaking support of the current channel.
An expanded weekly view chart is provided as well for line references.
**Next earnings is expected in early May, I do believe the action this upcoming week will decide what the price action will trend into earnings with.
**Not financial advice
FEYE: High tight flag on the weekly time frameBased on the research done by Bulkowski in Encyclopedia of Chart Patterns, the highest probability patterns are high tight flags in established uptrends.
Performance rank of 1/23 in bull markets (based on his assessment of chart patterns). His study was based on 1991 - 2005 data.
From the book -
"The average rise in a bull market is 69% and patterns in both bull and bear markets have 0% break-even failure rates. Yes, they do fail, but just 5 out of 307 failed to climb at least 10%, and none failed to climb at least 5%. That is an excellent start for any chart pattern. The percentage meeting the price target, called the measure rule, works nearly all the time (90%) but is based on half the move from the trend start to the flag, projected upward."
Formation of Pennant in FEYEA long forming pennant is approaching the apex in FEYE. This looks like the technical set-up needed to boost it past $25 a share and head towards $30.
Potential break-out to new all-time highs. RSI is at about 50 and on the last break-out, it reached 93, nearly 94. That gives FEYE a lot of breathing room to accelerate.
FIREEYE Inc. is about to gain 30% in the coming daysWe have seen wave 1,2,3 and 4. Now I am expecting wave 5. Looks like wave 4 is completing and we may possibly start to see the beginning of wave 5. At point 1 we see a similar 12345 lower degree structure there. The price action now proves it. Thank you for always supporting the ideas I post here.
Fireeye (FEYE) Mega potential in 2021As we move to a digital world, cyber security could never be more important.
Absolute massive growth potential. Still researching the company but so far looks very promising. I see price doubling in 2021
Buy FEYE on this weaknessEarnings didn't entirely please analysts so it has been trading down ever since but that's folly in my opinion.
Fire-Eye is the best cybersecurity play in the Small-Mid cap range; Crowdstrike has gotten too far ahead of itself for me to be comfortable buying at those levels.
Go long FEYE
Short-term Price Target: $25
Mid-Point: $30. (sell half)
Long-term Price Target: $35
$ZS - Bullish Exploration of even more ATH'sRevisiting $ZS after our incredible first trade on it.
Now that we've established new highs, this opens some further targets for continuation.
Trend looks healthy - but I would like to see a pop above the pitchfork midline 👍
TG1: 226.38
TG2: 237.69
TG3: 244.68
Invalidation under: 208.08
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watch the $20 level, possible breakoutPlease note: I'm just sharing my view. its not a recommendation for buying or selling.