$PANW Cup and HandleSwitched to the daily for this pattern. Looking at a cup and handle into earnings. After a breather this past year, cyber is becoming another hot topic with the election. Pay attention to this as the next 2 weeks go. Im a buyer on volume
www.trendyprofits.com
HACK
Ascending triangle $FEYEAscending triangle..higher probability of breaking to the upside and outside this triangle..$FEYE
$CHKP Thoughts Going Into Earnings On 1/28/16...Fundamentally this company is in rather good shape, just take a look at the balance sheet. We are all well-aware of the demand of IT security, it's now being openly discussed on television from the likes of people like our own president! I digress.
From a TA perspective, it did not break the bottom trend-line (Red Line) and I do not account the 'Flash Crash' of 8/24/15 because it is my personal opinion that to have been an HFT and Algorithm mishap, I digress once more.
With that being said, we have not even come close to combating the All Time Highs of $88.45. With a huge amount of Short Interest on the % of float, any good news can send this up.
-Zaibatsu