HACK to long ?HUCK - Amplify Cybersecurity ETF + Cup & Handle patterns + Above the average line 150. Only an idea and not a recommendation for trading
Key stats
About Amplify ETF Trust Amplify Cybersecurity ETF
Expense ratio
0.60%
Home page
Inception date
Nov 11, 2014
HACK is the first cybersecurity ETF on the market. The fund follows the ISE Cyber Security Industry classification and splits the industry into two segments: developers of cybersecurity hardware or software and providers of cybersecurity services. To be eligible for inclusion, a company must meet minimum market capitalization and liquidity screens. Eligible stocks must also derive at least 90% of their revenues from cybersecurity and should score at least 1.25% in revenue contribution. The resulting portfolio is market cap-weighted, subject to a weight capping methodology. The index is reconstituted and rebalanced quarterly. Before January 29, 2024, HACK traded under the brand name ETFMG and tracked the Prime Cyber Defense Index.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
$HACK: Cybersecurity is a good position to haveI like the idea of keeping 10% in this ETF, and periodically selling calls OTM each month as a way to generate extra yield on the capital allocated to it.
The recent Vulkan Files leak might serve as a short term catalyst, but the technicals were already favoring strong upside from this base before,
Head-and-Shoulders Pattern Confirmed in CybersecurityCybersecurity has been one of the hottest industries in the US stock markets in 2020-2021. Stocks like Crowdstrike (CRWD), Palo Alto Networks (PANW), Zscaler (ZS), Fortinet (FTNT) and SentinelOne (S) have been innovative disruptors reshaping the cybersecurity arena. I have been a fan of many of thes
$HACK Entering Breakout ModeVery nice breakout on volume for this security related ETF. The $60 level would probably act as a bit of resistance. A pull back to $58-$57.50 area would offer a nice R/R entry. Worth keeping an eye on.
ABC BullishPossible stop under C.
The simple ABC correction is a measured move down chart pattern nested inside a measured move up. In this correction pattern, C can not below A. If it does, you are looking at a different pattern. If C is equal to A then you may have a double bottom. D is the target and it
4 ETF PORTFOLIO FOR LONG-TERM GROWTH4 ETF's to buy and hold for Long-term growth:
$HACK - Cyber Security ETF
$QCLN - Clean Energy ETF
$QQQ - Large US Company ETF
$FDIS - Consumer Discretionary ETF
Cup and HandleCyber security ETF
Top 10 Holdings
CSCO - Cisco Systems Inc3.72%
VALT - ETFMG Sit Ultra Short ETF3.40%
NET - Cloudflare Inc3.16%
SPLK - Splunk Inc3.10%
PANW - Palo Alto Networks Inc2.86%
FTNT - Fortinet Inc2.84%
AKAM - Akamai Technologies Inc2.83%
SAIL - SailPoint Technologies Holdings Inc2.80%
PIN
HACK CYBER SECURITY ETF POISED FOR A MAJOR BREAKOUTIf you are at all concerned about cyber security in the fast changing
and some say extremely dangerous global communications world
we are living in today, then why not invest now
in the companies that are trying to fight off malicious acts of terrorism
and safeguard our critical infrastructure
Cybersecurity stocks strong when markets are down$HACK broke above the sma50 couple of days ago and today is green when major indexes are down. Good entry with 2ATR(14) stop.
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