#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!
Fireeye
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
FireEye $FEYE "Bounce back"$FEYE found support as 50SMA with high volume. It is a descent sign for a bullish trend.
12 months Consensus Price Target: $16.17
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Thx
FIREEYE $FYE is ready to fire upIt is breaking 50SMA today with super volume. RSI is hitting the resistance. It just needs to go above $11.94
Fireeye C&H patternNASDAQ:FEYE is forming a beautiful cup and handle pattern. Go long after breakout.
Cybersecurity will be one of the biggest trends in the coming years so this could also be a nice long term opportunity.
In the short term this is certainly a nice pattern that offers opportunities.
#Blackberry looks stronger, could be takeover targetWith FireEye and Cyber very hot, and Raytheon buying WebSense, Blackberry looks cheap and very buyable. CEO John Chen wants to build BBRY to a bigger company (20.00+/share), but a 16.00 offer is viable. Majority shareholders could push hard enough to give in. I'd like to see BBRY get more partnerships that make it indispensable. Ultimately should be worth upward of 24.00 - 30.00, but short term needs Samsung, IBM, Apple, and more to get it back to health.
